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re: Buying a lot by owner and not financing, help
Posted on 4/21/13 at 12:20 pm to NEWBIE
Posted on 4/21/13 at 12:20 pm to NEWBIE
I know it was family land and on the accessors page his dad bought the lot for 30k then donated it to him. So 30K would be the basis.
And no it wasn't an investement property it was gonna be used for his home, hes decided to build elsewhere.
And no it wasn't an investement property it was gonna be used for his home, hes decided to build elsewhere.
This post was edited on 4/21/13 at 12:21 pm
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