Does the rent-to-own option mean that the SELLER will have to pay Capital Gains Tax on the home when it eventually sells (even if the profit is less that $250K)??
In my opinion i would call the closest realtor.
Got an answer for Cathy? Would you like to comment on the posted answers, or vote for the one which you think is the best?
Sign up for a free account, or sign in (if you're already a member).
Other people asked questions on similar topics, check out the answers they received: