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Updated almost 15 years ago,
Brandon TurnerPoster
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Seller Finance Excise Tax? Help!
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