Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Sale of rental property

Dependable
Level 4

I apologize in advance for asking a question I'm sure I saw the answer to.  Can an individual real estate professional sell multiple properties in a bulk sale?  Sold to all different entities.

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

7 Comments 7
sjrcpa
Level 15

He can sell whatever he wants to whomever he wants. What's the real question here?


Ex-AllStar
0 Cheers
Dependable
Level 4

He sold 6 properties. Do they  have to be listed separately?

0 Cheers
qbteachmt
Level 15

6 properties sold to different entities is not a Bulk Sale. You have 6 individual sales.

*******************************
"Level Up" is a gaming function, not a real life function.
Dependable
Level 4

Thanks I thought it was a stupid question but just wanted to make sure.

0 Cheers
qbteachmt
Level 15

Sometimes, you just need an outsider to walk through it separately  🙂

*******************************
"Level Up" is a gaming function, not a real life function.
Dependable
Level 4

Much appreciated

Dependable
Level 4

Much thanks to you.

0 Cheers