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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsPersonal FinanceCapital Gains question.
Val Deleon's profile image
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Val Deleon
  • Investor
  • from Gilroy, California
  • Member since Jan 7, 2017
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Val Deleon's profile image
Val Deleon's profile image
Val Deleon
  • Investor
  • from Gilroy, California
  • Member since Jan 7, 2017
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Val Deleon
  • Investor
  • Gilroy, CA
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Personal Finance

Capital Gains question.

Val Deleon
  • Investor
  • Gilroy, CA
Posted Mar 7 2017, 11:48

We're looking into selling a current rental property to my daughter. It would be their primary residence. We purchased it for 127,000 in 1995. It's current estimated value is 330,000. My question is what capital gains would I be looking at? Is there any way around them? Is there any reason not to go this route? Any help would be appreciated. 

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