Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Eric Wallace
  • Flipper
  • O Fallon, IL
1
Votes |
7
Posts

Properties selling three times in three months, what is going on?

Eric Wallace
  • Flipper
  • O Fallon, IL
Posted

While researching properties on the county assessor tax websites I often come across properties that have sold in very short periods of time for substantial differences and it appears the buyer is often a trust and the seller may be the owner of the trust.   Example: I recently came across a property that was purchased on 6/13/13 for $75,516 then sold on 6/26/13 for $29,300 then sold again to a trust on 7/16/13 for $42,700.  Is what I am seeing some sort of strategy for pulling income or tax benefits?   Just curious if anyone has an idea.    

Loading replies...