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Updated over 8 years ago on . Most recent reply presented by

User Stats

235
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35
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Sam Stout
  • Flipper/Rehabber
  • Reno, NV
35
Votes |
235
Posts

1031 while Owner Finance??

Sam Stout
  • Flipper/Rehabber
  • Reno, NV
Posted

Hey folks,

    I am owner financing a property I own.  I am making a profit, but since I am financing the sale, my payout is over a 10 year period.  Do I have to pay capital gains on that??

Thanks!

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