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Updated over 16 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Marvin Sanders
  • Real Estate Investor
  • Tullahoma, TN
0
Votes |
2
Posts

Seller Financing and $8K Tax Credit

Marvin Sanders
  • Real Estate Investor
  • Tullahoma, TN
Posted

I'm using a contract for deed to offer seller financing to one of my tenants so that he can claim the $8k tax credit and use it for a downpayment. Do I also need a promissory note? Do I need to file any docs at courthouse and if so what needs to be filed? Thanks for any help.

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