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Updated 9 months ago,

User Stats

7
Posts
4
Votes
Justin Ake
4
Votes |
7
Posts

On seller side of seller financing

Justin Ake
Posted

I have an opportunity to sell one of my properties using seller financing. I hope someone can help me navigate the pros and cons. 
1. Can I still use this home’s equity for other deals while the buyer is paying it off in the next few years?

2. Can I still depreciate it until the buyer makes the final mortgage payment?

3. How are my taxes calculated and what years would I pay for the profit I make?


Never done this before so I’m flying blind and hoping someone has a few tips to help me figure this out. Thank you all!

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