MHP Seller trying to reduce or offest tax $ from sale

I am working on the purchase of an MHP from seller who owns park free-n-clear and also worked out some extended payment plan on seller financing.

Seller has also lived and will continue to live in house that was part of property - to be surveyed off prior to sale.

Seller is concerned and would like to offset / reduce tax amount as much as possible.

Seller does have an intent on using some but not all of his initial downpayment towrds 1031 exchange property.


Tim Dorst

Some useful links:

More than I cared to explain in writing when handy-dandy links were available. Of course, being a mercenary, I can be hired to help structure the above…