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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationSale o contract for deed not able to finalize
Gloria C.'s profile image
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Gloria C.
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  • from So Cal
  • Member since Jun 20, 2018
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Gloria C.'s profile image
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Gloria C.
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  • from So Cal
  • Member since Jun 20, 2018
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Gloria C.
Pro Member
  • So Cal
12
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94
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Tax, SDIRAs & Cost Segregation

Sale o contract for deed not able to finalize

Gloria C.
Pro Member
  • So Cal
Posted Sep 26 2022, 17:45

Sold on contract for deed n 2021 with balance due 2023-turns out he cannot refi due to tax implications and I have option to take back property. No one seems to know if I would or would not be liable for capital gains.  Does anyone know?    surely I can’t be the only one this has happened to….

Reno, Nevada
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