Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 9 months ago,
On seller side of seller financing
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!