Home Selling in Bangor>Question Details

Dolly, Other/Just Looking in Bangor, ME

if I sell my home at less than it's value with the clause that I can live there till my death what are the tax consequences for the new owner

Asked by Dolly, Bangor, ME Tue Mar 22, 2011

when I d

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Dolly,

These are issues best responded to by legal representation and/or an accountant. It would be fair to assume that all issues would need to be spelled out and agreed to in your contract. Taxes, maintenance, HOA fees, etc would need to be addressed.

Good luck,

Bill
0 votes Thank Flag Link Tue Mar 22, 2011
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