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Message
re: I've got a dumb question regarding selling a house
Posted on 2/12/18 at 7:26 am to foshizzle
Posted on 2/12/18 at 7:26 am to foshizzle
quote:
If I were in their shoes I'd figure out how to suck it up for another year and qualify for the exclusion.
I agree, but it's their house and their money. They are moving for jobs and young kids school so I kind of get it.
I'm just trying to make sure my OP is correct.
1
Posted on 2/13/18 at 6:34 am to Mingo Was His NameO
quote:
They are moving for jobs and young kids school so I kind of get it.
Depending on the mortgage note and property taxes they might even be better off renting it for six months and leaving it vacant the rest of the time rather than pay $8k in taxes.
Or work out some deal where they rent to someone for awhile and let them buy it outright after the time expires. They'd have to give up something for it but probably not $8k.
This post was edited on 2/13/18 at 6:35 am
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