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Updated over 5 years ago on . Most recent reply

Account Closed
  • Real Estate Broker
  • Columbus, OH
151
Votes |
119
Posts

Owner is willing to sell but wants to avoid tax hit...HELP!

Account Closed
  • Real Estate Broker
  • Columbus, OH
Posted

I have an owner who is interested in selling a building to me but wants to identify another property before he signs a contract (to avoid a large tax hit of $100K+). Obviously the easiest route would be to find him a property (which I am in search of), but wondering if anyone has had any luck in pitching some sort of strategic seller financing options or other options that could spread out his gains and/or reduce the tax hit. Any input would be much appreciated!

Most Popular Reply

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,936
Votes |
3,447
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Account Closed
  • Specialist
  • Paradise Valley, AZ
Replied
Originally posted by @Account Closed:

I have an owner who is interested in selling a building to me but wants to identify another property before he signs a contract (to avoid a large tax hit of $100K+). Obviously the easiest route would be to find him a property (which I am in search of), but wondering if anyone has had any luck in pitching some sort of strategic seller financing options or other options that could spread out his gains and/or reduce the tax hit. Any input would be much appreciated!

 Just do a Lease Option. It satisfies his needs if written up properly.

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