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Land contract
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Seth_ia
Posted 7/29/2025 12:54 (#11313201 - in reply to #11312648)
Subject: RE: Land contract


Blusteryknollfarm - 7/28/2025 22:25

Yes, though as long as the difference between market rate interest and zero is below the $16,000 gift allowance, it can still be made to pass muster.

In this case, the tax issue is the seller's problem, not the buyer's.


This is the correct answer, just had a discussion with my CPA on some of this a few months back.
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