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we have a lake home that we are selling. It was not a rental property. I do not want to live there for two years, but would like to minimize the capital gain. Would any of the following strategies work?: Sell the boat dock separately from the home. We added the boat dock at a cost of $20K. Would like our buyer to purchase for $35k, therefore we would reduce the cost of the home by 35K. Sell the furnishings separately, we also added the furnishings and would like to sell for 15K and reduce the home price by 15K. Are there any disadvantages to us or the buyer for stucturing our deal this way?
Also, what about seller financing on the appreciated portion, is it still considered a gain if we set up as an installment loan?
Thanks for any insight!!
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