contract of sale usually will be set up to allow your aunt to retain title until paid in full with new owner using the land and paying property taxes over to aunt
if sold for cash today any income taxes would be due next 4/15 and deal is done = bird in the hand
if sold on "installment sale", aunt carries the note, she would pay taxes on the interest and taxes on selling price as it is received, title usually handed over at close and gets messy if buyer defaults
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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