Instead, we are now getting moved to another State and have the property to sell in order to try and do anything reasonable at the new location.The area here is very depressed, lots of homes on the market and our place is higher than most and of course we have a high mortgages balance/payment.We recently had a couple come through that might be interested if we can swing a deal for them where they purchase a portion of the property (5 acres), with the house/pond on it for say $210,000; and we could do a land contract on the balance of the land, a little over 11 acres with little down and monthly payments.Their overall goal is to put as little down as possible, using his VA benefit, and I'm not sure they have more to invest anyway.The problem is I'll still end up with a lot of unpaid mortgage to carry with no real way to pay it off; although I guess I could re-fi the overall mortgage which of course will be 50 to 70K for a smaller payment as opposed to having payments based on 260K from the original mortgage.We leave here in 2 weeks and are getting a little nervous about all of this.

Provide some info here so people who are reading the thread will benefit even if they do not read your blog.2.

With payments for at least 10 years (to a survivor) but with payments to the beneficiary until death would pay out $850 a month.Another benefit to an annuity is that there are little or no taxes.

I hope all of our members that have reaped some benefit from the site could find it in themselves to give back.

My calculations still show a $100,000 property with a rent of $1000 as a loser even after the tax benefit.

In short, our investors gain all the benefits of owning a rental property, without the management hassles of landlording.

I say invest the funds into other income producing investments with as little cash in as possible (and still see a monthly income of course) and use those tax benefits as much as possible now.

That is not say that RE Agents/Attorneys and many other professionals have hired us themselves for their own personal benefit.

I forget what he said the benefits to doing that wereSo that's kind of where I'm thinking right now.

John - do members of TICs get tax benefits, or are they silent partners?