International tax law is complex and requires years of experience to fully understand, so be sure to consult with a qualified professional in this area to ensure everything is handled correctly and any potential tax liabilities are addressed.Hope this helps, and best of luck with the transfer! 

- **Tax Advantages**: Mention potential tax benefits of seller financing, as he may be able to spread out the capital gains tax liability over time.### 5.

The program primarily targets corporations and limited liability companies (LLC).Your sole proprietorship is exempt.

Having a PM does not lift every ounce of liability off you.

But wanted to add that you may want to consider a consultation with an attorney or even your liability insurance company to discuss best ways to handle this up front to avoid mis-steps in communication with the tenants, neighbors, media etc.

There’s potential liability if something goes wrong or even tension between you and the seller.

@Angel Peng you may want to consider registering an LLC to protect yourself from liability.

I am using the LLC mainly to shield liability from the rental property from personal assets.

Plus liability.

If you're concerned about tax liability, a **1031 exchange** could allow you to defer capital gains taxes if you roll the proceeds into another like-kind property (such as a larger SFH or multifamily property).