My question involves real estate located in the State of: South Carolina
Before my mom passed, she and dad made their home a life estate for my sister and me.
My dad has subsequently remarried. He and his new wife life in the home.
He is getting older and would like to move into a single floor home.
He wants to sell the house. My sister and I are trying to honor the wishes of our mother and help my dad.
What is the best way for my sister and I to sell the house. Buy him a new house that would be a life remainder and not suffer any negative tax consequences?