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[quote=Anonymous]your neighbor could

1) roll his investment into another qualifying property via a 1031 exchange. this defers, but does not eliminate the sting of capital gains tax until he dies at which point, under current law, the basis in the property will "step up" to the market value at time of death
2) sell the home and invest the capital gain amount in an investment in an "opportunity zone". There are numerous requirements. this defers (unitl 2026/7, though may be exteneded) but does not eliminate capital gains tax. 
3) sell the home via installment sale. This spreads out the various kinds of taxable income over many years (along with the proceeds) and could be a "win-win". Depending on your neighbors income situation, this could substantially reduce the effective tax rate paid upon sale. if your neighbor wants a ton of cash now, that's not a good option of course.

your neighbor should

Consult a qualified tax professional rather than me, who is just some dude on the internet. 
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