If that is not an option, another technique is to place your offer in a Land Trust (call it the address Land Trust) with you as the Trustee and your company as the Beneficiary.After you hae the property under contract, you sell the Beneficial Interest in the Trust as your profit.

I know I can depreciate my purchase property less the land value, but how do I factor the new construction into the tax picture?

I own some recreational hunting land and recently got out of a condo purchase agreement in Colorado.

The Land lord shall keep the foundation, outer walls and roof of the premises in good repair, except that Landlord shall not be liable for any repairs occasioned by the acts of Tenant.

If you are using a conventional loan to purchase, the bank will require a title policy.If you are purchasing on a lease/option or land contract, you will want to record a memorandum of lease, lease/purchase, or if it's a land contract, you will want to record some sort of memorandum referencing the land contract that will cloud the title in the future (to your benefit).

Don't hesitate to share your land lording experiences.

Hello, I am a 23 year old professional ball player, for the leuevn bears in leuevn Belgium.

(Realtor Associate)Land Rescue League LLC, Managing-Director (Property Liquidators)As Trustee for: The Renaissance Trust DAT 8/25/01

As I plan to move into land/home packages and SFR this becomes more important.I would like this thread to detail how someone might go from where I am to offering financing like any other established financing company.The only rule as we create this list is the reply to get a lawyer doesn't cut it.

I'm selling a house that I just found out has a recorded land contract.