K
kab300
Guest
Please help me if possible. My mom and dad own two lots in New Jersey, one with a home on it that they currently rent. They are 80 and want to sell, but are afraid of losing most of their money to Capital gains. The lots are valued at $900K, and they paid $24K 25 years ago. How can they become liquid so they can enjoy their money without giving 30-40% to the government? Any advice??