Posted 2/18/2021 20:37 (#8843195 - in reply to #8843089) Subject: RE: Selling land for nursing home?
SE Nebraska, Near Misery and Cans Ass!
Ks-notill - 2/18/2021 20:03
I don't know the exact details, but my in-laws were advised to have their parents borrow against the value of their land and use the money to pay the nursing home. That way there was no sale and no capital gains tax. Might be worth checking into.
Selling land for nursing home?
