It’s all about creating win-win situations!

I am wondering what are the tax implications for this individuals (most of them are from Spain). 

Millions of homeowners would then be underwater on their mortgage - owing more than it is worth - and would likely foreclose / declare bankruptcy, creating a credit crisis, unemployment would spike to 10%+ and on and on… No, no the price of homes, and really everything we pay for, is here to stay.

I don’t want to create riffs in our landlord/tenant relationship but I also don’t want to pay for it.

Another version of this is to buy a house on a really large lot and split the lot to create a house on a smaller lot and a seperate lot that somebody could build a second house on.   

(You can break this last rule, too, but it will create an accounting headache)

I would recommend never taking that much rent in advance, it creates problems exactly like this.

Introduction and Ben Leybovich on the Meetuphttps://www.periscope.tv/w/aPH8kTFXTEVSUHlrRHpLYkR8MWRSSlpCWEFOVm9KQj7wRXNypWq6IsfUvqGgwXEw4F6Ln-4Z7LbPdJRNdHsX* Introductions from the Group* Ben Leybovich Speaks (Ben goes through a spreadsheet that he created specifically for our meetup.

Maybe, the "Smart Money" was smart because they got their payday when they sold to the individual investors?  

The owner has an LLC that he uses because it is a business for him to sell property and finance it for individuals.