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Updated almost 7 years ago,

Marcus Brown's profile image
Marcus Brown's profile image
Marcus Brown
  • Investor
  • from Phoenix, AZ
  • Member since Mar 3, 2013
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136
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29
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Marcus Brown's profile image
Marcus Brown's profile image
Marcus Brown
  • Investor
  • from Phoenix, AZ
  • Member since Mar 3, 2013
Connect
Marcus Brown
  • Investor
  • Phoenix, AZ
29
Votes |
136
Posts
Tax, SDIRAs & Cost Segregation

Buying/Selling out of state with seller financing

Marcus Brown
  • Investor
  • Phoenix, AZ
Posted

Hypothetical question. I live in Illinois and I buy a property in Texas, and sell it w/seller financing to someone who lives in Maine. I'm assuming each state has their own laws about seller financing, so which state's laws would I have to follow in this situation? My gut tell me Texas' because that's where the property is located. Am I wrong?

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