. - Capital Gains: Gains from appreciation remain taxed at the capital gains rate, not as ordinary income.

Just like a junior mortgage, the senior gets priority and remaining balance would then go down the order of priority.hope this makes sense.Note; I recommend reviewing this with an attorney as well as I am not one. 

With a land trust, the legal ownership remains with the trust, helping to avoid triggering the DOS clause when transferring beneficial interest rather than title.

Most do so believing its only temporary but s*** happens in this business..... timelines get stretched, appraisals come back lower than expected, rates remain high longer than expected etc. etc. and what's intended to be a short term solution often adds quite a bit of strain to the property and your business.

The seller remains personally liable on the note while no longer owning the property securing the note.2.

I have finally settled on a price for my farm (12 acres) which would allow a short plat and development of a cul de sack and build 5 residential lots for 5 of the acres, and then the farm with my own residence on the 7 remaining acres.

While I am focusing on deals remaining consolidated to 1 llc makes sense.

1) You would just write an addendum stating that the lease is extended to whatever date and everything else remains the same.

The homestead should remain in place when I'm gone because I will still be the owner.

Here are the numbers:Property 1:Purchase Price - 130k Current Zillow Estimate - 166kLoan Remaining - 100KCurrent Interest Rate - 5%If Refi - 6.38%Obviously at higher interest rate my EMI is gonna increase , but at same time I am adding an additional asset which would cashflow as well.