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Updated over 17 years ago on . Most recent reply presented by

Skylar Howard's profile image
Skylar Howard's profile image
Skylar Howard
  • Real Estate Consultant
  • from Siesta Key, Florida
  • Member since Jan 8, 2008
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Skylar Howard's profile image
Skylar Howard's profile image
Skylar Howard
  • Real Estate Consultant
  • from Siesta Key, Florida
  • Member since Jan 8, 2008
Connect
Skylar Howard
  • Real Estate Consultant
  • Siesta Key, FL
50
Votes |
421
Posts
Tax, SDIRAs & Cost Segregation

Letter of intent vs. option.

Skylar Howard
  • Real Estate Consultant
  • Siesta Key, FL
Posted

I have seen some posts relating to the issue of using an option. Some say it is illegal to use an option if you don't own an interest in the property. Is this true? I have been using them for years with no issues. The post refered to a letter of intent instead.

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