you can refi anytime, borrowed money is not taxable income.2. 

(I would count any interest received as normal income)Or is this completely wrong and the IRS considers this an installment sale, regardless if I retain title, and tax me each year and not allow depreciation. 140K - $100K = 40K/12 yrs = $3,333 per yr in taxable income over 12 yrs.I figured that this is something that has been seen before on BP. 

What you make above and beyond that basis is considered a gain and is taxable.

What is taxable in note income and what is tax deductible?

I started to get excited about the prospect of buying the package for the same price as selling just the house for, essentially creating no taxable gain but suddenly owning a $40k lot free and clear and just holding that long-term.

And, that beats my worst offer.I was selling a rehab in an area of Fort Worth that is not the best of neighborhoods, and a young man offered half of the taxable value.

depends on the kind of tax lien, there are some that can be released and follow the person that owes it and be released, but it depends on a lot of possible factors. for example in WI is you buy at Sheriff sale lets say, and the borrower has a State income tax Lien, it COULD be released from the real estate, depending on many factors, like was any of the taxable income earned at or from the Real Estate, say a home business, if all the taxable income was earned off the property, it is possible the state will release it.

The sale of a primary residence actually falls under Section 121 of the Internal Revenue Code, which allows the property owner to exclude up to $250,000 in taxable gain if they are single or up to $500,000 in taxable gain if they are married as long as they can say that they have lived in the property for at least two out of the last five years (at least a total of 24 months during the last 60 months).

I too would like to use my ROTH IRA to fund a flipping real estate business and take advantage of the ROTH IRA not taxable income umbrella.Do these options also apply to a SD Roth IRA?

Another downside of the 401k loan is that often times, you cannot contribute to your 401k with pre-tax income until the loan is paid back, which would increase your taxable income and remove any employer match until you can pay off the loan.