Buying & Selling Real Estate Discussion

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Eric V Harding
  • Investor
  • Los Angeles
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Reverse Mortgage - After The Sale

Eric V Harding
  • Investor
  • Los Angeles
Posted Aug 3 2022, 20:46

My mother has moved out of her home and in her final foster care situation. We will handle selling the home for her and repaying the loan with its sale, as she has a year to pay it back before its foreclosed.

We have a living trust and power of attorney, but would like to when its sold, will there be capital gains tax on whats left?

Orange County, California

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