One or Many My Dad deeded his portion of some real estate to my sister and I. He passed away in October of 2016. My sister and I each now own 25% of the property, our Aunt owns the other half. We have a couple people that are wanting to buy it and one has asked if we will finance the property for him. What are the advantage and disadvantages of selling it and getting one large payment compared to financing and getting small payments over years. We hate the idea of having to pay a lot in taxes.
Thanks for any help. |