Just wondering all of you doing Sub2 transactions? Do you legally change the title to reflect you as the new owner? Reason is because I took over a house from a family member a few years ago and now would like to...

Subject says it all.

Further, the amount of gain up the the deprecation taken or allowed, whichever is greater, is subject to a recapture tax.

Buyer agrees to purchase the subject property "as is" in its present condition without any warranty or representation, expressed or implied.

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In additional to all other benefits mentioned above, Solo 401k is a great tax-sheltering vehicle, allowing you to shelter huge amount of money from taxes.When you use financing to acquire real estate in a SD IRA, the portion of the income from the property will be subject to UDFI tax (type of the UBIT of about 35%)!

Not uncommon in some of the institutional notes they market which were subject to being used as collateral for other financing.

If not i was thinking a subject to agreement and assigning interest to my end buyer.

The benefit is that your entity may not be subject to the Passive Activity Limits for deductible loss established by IRS. 3 Financial: If you are properly running your LLC (minutes, filling, separate bank account, filing taxes, EIN, getting your DUNS number, Getting Business Credit Cards, etc.).

Any lender can offer any terms (subject to license and usury and other laws).