@Terra PadgettPaid annually… You have a lot better options I feel than 10% loan taxed at ordinary income and only paid once a year.

These factors will help you determine which option best fits your needs and circumstances.

I have an option to buy a 4 bedroom house in Ocala for $296,000 at 6% interest amortized for 25 years ballon payment in 10 years.

An option is to purchase another/multiple properties with the remainder of the proceeds to avoid the boot.

If you don't thoroughly understand the agreement you signed with the tenant, take it to real estate attorney so you can get advice based on the facts of your lease agreement.

At best they get draws based on how much of the job they've finished. 

There are a few different options you can look for in this case.

I'll be touching base with you for sure as this is also one of the things I am researching.

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

First, Sam can probably help you for anything local, but let me weigh in on a couple of options. 1) List it with any agent and just have them put in the remarks there is a tenant with a current lease until April 2025.