If someone buys a home that was rented. Would the cap apply to them? Because this might result in a loophole
If they're then renting it out to others, sure. I don't see the problem, though.
That's a good question. But keep in mind that they're are significant taxes associated with selling a home in most places that would dissuade landlords from trying to game the system that way. Then again, they're just one more loophole from making that plan work.
I'm giving it to my brother. Or just sell it for $100 to yourself
If someone buys a home that was rented. Would the cap apply to them? Because this might result in a loophole
If they're then renting it out to others, sure. I don't see the problem, though.
That's a good question. But keep in mind that they're are significant taxes associated with selling a home in most places that would dissuade landlords from trying to game the system that way. Then again, they're just one more loophole from making that plan work.
I'm giving it to my brother. Or just sell it for $100 to yourself