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Level 5
July 2, 2020
Question

Sale of rental property

  • July 2, 2020
  • 2 replies
  • 16 views

I apologize in advance for asking a question I'm sure I saw the answer to.  Can an individual real estate professional sell multiple properties in a bulk sale?  Sold to all different entities.

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2 replies

sjrcpa
Level 15
July 3, 2020

He can sell whatever he wants to whomever he wants. What's the real question here?

The more I know the more I don’t know.
Level 5
July 3, 2020

He sold 6 properties. Do they  have to be listed separately?

qbteachmt
Level 15
July 3, 2020

6 properties sold to different entities is not a Bulk Sale. You have 6 individual sales.

Don't yell at us; we're volunteers
Level 5
July 3, 2020

Thanks I thought it was a stupid question but just wanted to make sure.

qbteachmt
Level 15
July 3, 2020

Sometimes, you just need an outsider to walk through it separately  🙂

Don't yell at us; we're volunteers