I had Infinity Exteriors out of brookfield do a roof and gutters for me about 10 years ago and they've held up nicely to this point. 

In lieu of that, another option is that both the escrow for the AB and BC be held at a title company, and that title company is the one responsible for recording the AB and BC closing.

This often happens because the landlord forgets to ask for certain remedies when bringing the ejectment action because they are in such a rush to get the tenant out.In Pennsylvania, an appellate court held that these installment land contracts are basically residential mortgages as well.

This means the profits are subject to ordinary income tax rates (no matter the length of time you held it) PLUS self-employment taxes.

How is title held? 

Depending on the funds being held it can generate a few hundred dollars in passive income reinvested in to the principal.

Heck, we even had a new roof put on right before Irma and it’s held up just fine.

This means that the proceeds from the sale of the property go into an escrow account held with the 1031 intermediary.Did your client have any specific questions?

I had a 4plex in Edinburg I held for 5 years but recently sold because the 4plex market was pretty hot and I knew I had some capital expenses coming up - roof, AC, etc.

Are they held in llc’s or other entities?