I only ask because I'm switching brokers soon(within the same company that is larger but nowhere near the top 5) and the thought hadn't even occured that the company might have an issue.

Installment Sale Treatment Under Section 453 So, assuming that the Land Contract or Contract for Deed does in fact transfer all of the rights and benefits of ownership to the buyer upfront at the time of execution of the Land Contract, like most of them do, the transfer or conveyance of the real property is considered to have occurred upfront for tax purposes.

It would occur to me that with more risk and less collateral (again depreciating versus appreciating) mobile homes should be purchased for much more of a discount than real estate, i.e. 30% to 50% or 60% of value.So for that interjection, please forgive me if I interpreted your "15% discount" to mean something other than buying for 85% of value.

However a new bad actor tenant at a different property (not my property) has brought some trouble to town.Long story short, the bad actor tenant has been involved in a number of unwanted activities including a party a couple of weeks ago that got way out of hand and a shooting occured (at least 20 to 30 rounds fired and recorded by various security cameras).A couple of errant bullets struck one of my properties, and my tenants vehicles.

However a new bad actor tenant at a different property (not my property) has brought some trouble to town.Long story short, the bad actor tenant has been involved in a number of unwanted activities including a party a couple of weeks ago that got way out of hand and a shooting occured (at least 20 to 30 rounds fired and recorded by various security cameras).A couple of errant bullets struck one of my properties, and my tenants vehicles.

However a new bad actor tenant at a different property (not my property) has brought some trouble to town.Long story short, the bad actor tenant has been involved in a number of unwanted activities including a party a couple of weeks ago that got way out of hand and a shooting occured (at least 20 to 30 rounds fired and recorded by various security cameras).A couple of errant bullets struck one of my properties, and my tenants vehicles.

If you are self employed be prepared to have your CPA who filed your IRS returns to write a letter saying you are in business more than two years and your business is not slowed or harmed by Covid19.

(You're the one choosing who lives there, so if one roommate has property damaged or is physically harmed by another roommate -- who you vetted and chose -- then you want to make sure your lease says that they assume that responsibility and it doesn't fall on you.

I have a team onsite to handle any rehab that needs to be done and any occurring maintenance issues in the future.

None of these are occurring in-person, as far as I am aware, but keep your eyes on those sites.