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Updated almost 7 years ago on . Most recent reply

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21
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Jesse Os
  • Ludlow, MA
2
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Requesting Seller's / Landlord's Tax Return

Jesse Os
  • Ludlow, MA
Posted
Hello BP. I was wondering if others commonly request the seller / landlord's tax returns when buy a rental property. if so what is the common practice for this. would it have to go through an attorney to scrub the personal info? Thanks for the help!

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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied
Asking for a copy of their "schedule E" is a pretty common thing for a buyer to ask. I would ask for it to confirm accurate income and, more importantly, expenses.

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