Hello,
I'd like to sell my SFR at 30% off current valuations. for three reasons. One, because I can afford to. Two, because it will help a real family attain affordable housing in this crazy Floriduh market. Three, because I am hoping the sale will provide a low comp in the neighborhood and thus lower the value of my vulgar boomer and short term rental freaks neighbors' properties.
I am wondering if there are any flaws in my thinking. Would an appraiser have to consider my low comp sale if it's a qualified legit sale?
Besides lower capital gains, are there any tax advantages to selling at a much reduced price than current FMV?
Thanks.
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source https://www.reddit.com/r/RealEstate/comments/11d8b51/selling_well_below_market_value/
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