If You Were Me-Newbie

I am looking at a commercial property for sale. What would be the benefit to the seller if I bought it directly from him, no relator, with nothing out of my pocket. He is retiring and probably looking to put hi $ in the bank.

My thought is that he could eliminate the realtor fees and I would pay him a monthy fee on the $$ he loans me to buy his place. Is this something that would make sense for the seller? Is there a way to structure it so he doesn’t have to pay any taxes on the sale? Thanks

Not with the scenario you outlined. The sale for your seller will be a taxable event. Even the installment sale you propose could work to the seller’s disadvantage when the long term capital gains tax rate goes up to 20% in 2011.