Just reread what you posted and I think I get it now.Why not do the lease/option?

You know, now that I go back and re-read the first post in this thread, I think we are helping someone with their homework.

I re-read what you posted.

Doesn't matter if its called an assignment fee or finder's fee ....its profit that the wholesaler [Jason & other] are looking to secure from the end buyer.Sorry I was in overdrive multitasking and had to re-read and edit my point.

This is because I have to send letters to neighboring properties for subdivision so I would just be setting myself up for failure.I will reread this thread next year and hopefully laugh at everything because it will be over and I will have learned a lot.

No pun intended.Now that you re-read your posts, that's a conservative approach, but it will incur a city & county transfer tax on 50% of the ownership from the private lender/partner to Zac.

In this case, "if" it is how the tenant presented it the orders could be emailed in 5 minutes along with a marriage cert.....just doesn't smell right @Patrick Connell I stand corrected as I needed to get out a lease and reread and it does say "or" dependent.

@Chris Al,I should reread my posts before I click on the "Post reply."

Sorry, I just re-read Mark's first post and realized that the trust deed income is not eligible on Schedule E, so it can't be offset against losses reported on that form.

That is assuming the numbers are close - re read Mike D's point above