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Updated about 15 years ago on . Most recent reply

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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
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Seller Finance Excise Tax? Help!

Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Posted

I have a question about using seller financing and then taking the property back and re-selling them using seller financing again. When you do this - do you have to pay Excise tax every time you sell again? So if you sold using seller financing, took it back, sold it, took it back, etc for a number of times, that would really add up for excise tax.

Any help or insight would be awesome.

Thanks

Brandon

  • Brandon Turner
  • Podcast Guest on Show #92
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