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      07-12-2012, 10:41 AM   #14
M3 Esq
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Quote:
Originally Posted by Lunker View Post
I could only pass it on but it would be challenging to negotiate that bc the assumer of the lease would still have to pay his own tax. Double taxation!
Bummer. It's not double taxation because the original lease and lease assumption are two separate transactions, but I get what you mean. I don't see how you can recover the tax you have already paid unless you can negotiate something in the assumption transaction, which does not appear likely based on what you are saying. Good luck with it.