if your net passive losses are greater than the net passive loss allowance, then you "suspend" the amount of passive losses you can't use and carry them forward to the next tax year.  

Perhaps the owner would carry for a year or two until you can get a bank to refi and take out his loan.

Again, I do have a lot in place, I just know I do not want to carry on own my own/alone. 

Carry on and good luck. 

Most if not all the homes are tenant occupied and could be turn-key properties (though also carry the risk of poorly vetted tenants).  

Contracts for deed are being looked at more closely by CFBP because of predatory practices, but they are by no means illegal.4) What people are calling Sub2 financing can be achieved by 3 primary methods:Quit Claim deed where the seller has no recourse in the event of default but remains on the hook for the underlying loan.All inclusive trust deed (or wrap) where title transfers and the seller carries the note and continues to service the underlying debt.  

Hey BPer's,I am currently looking at some new ways to finance buy-and-hold properties and I was wondering if someone can help me with the details of how owner financing and seller carry back financing works.There are a lot of forum posts about these strategies that are very high level.

getting to know your carrying costs upfront is huge.

Once you own a rental you must kepp it habital for the tenant, meaning always having working furnance, hot water, a roof over their head, etc...A down payment for onwer carry is whatever you can negoiate.

Or are you more interested in appraisal carrying you into future profits?