Apartment Buildings For Sale » implications http://apartmentbuildingforsale.net Apartment Buildings For Sale and Apartment Investing Tue, 16 Aug 2011 16:19:23 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Tax implications of carrying loan on sale of apartment building? http://apartmentbuildingforsale.net/15/tax-implications-of-carrying-loan-on-sale-of-apartment-building/ http://apartmentbuildingforsale.net/15/tax-implications-of-carrying-loan-on-sale-of-apartment-building/#comments Fri, 15 Jan 2010 06:01:35 +0000 tmo http://apartmentbuildingforsale.net/tax-implications-of-carrying-loan-on-sale-of-apartment-building/ Tax implications of carrying loan on sale of apartment building? is from Apartment Buildings For Sale

]]> My brother just got his capital gains statement for the sale of a 4 unit apartment. He is carrying 90% of the sale price from the buyer with loan at 6% interest. Is there some regulation that allows reduction in his current tax liability?

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