I currently live in a rental and I would like to ask the landlord to do a seller finance.

(I know what most people are thinking, not the most ideal degree to hold when getting into this business, but alas here we are haha) I am eagerly trying to break free from the whole "living paycheck to paycheck working for the man" type of lifestyle.

I'm selling my house and want to understand the tax implications on the sale, because I have lived in it as well as rented out a portion of it.

Since I live out of state and there are no nearby managing companies, I decided to sell the home.

Hi,I have an opportunity on an Off-market deal, but I am not sure how to approach it and am reaching out here to see if I can get any advice.Here are the facts:Owner is retired and recently moved to assisted living and is ready to sell the house.

Ive lived here my entire life, and never in the same part of this city. 

I had lived in Athens GA as a grad student (2010-2016), however, I now live and work on the west coast.

Maybe some want to save their money and live in ok apartments/homes.

HI Stephanie,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

That conversion will not trigger any tax.Unfortunately we can no longer eliminate all of the tax simply by converting to a new primary and living there.