Juergen found out that the people selling the house do not have to pay taxes on the increased value. So hopefully we can do an honest deal with them...we pay taxes and they don't. He will talk with them today. Maybe we will buy the house?
UPDATE: Juergen called and said we had to do this 100% legal or not at all. But he also assured them that they wouldn't need to pay the high taxes on the capital gains. The law has changed, and we will be the ones paying the taxes. So they are fine with that. We want to notarize things this week. God willing it will work out fine. If it doesn't work out then I know God has a better way for us!
UPDATE: Juergen called and said we had to do this 100% legal or not at all. But he also assured them that they wouldn't need to pay the high taxes on the capital gains. The law has changed, and we will be the ones paying the taxes. So they are fine with that. We want to notarize things this week. God willing it will work out fine. If it doesn't work out then I know God has a better way for us!
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