Yes, yours will be deductible as well.You will fill out Form 6252 Installment Sale - www.irs.gov/pub/irs-pdf/f6252.pdf so be sure to bring a copy of the contract to your accountant/tax professional.

The same is true with "professional tenants" who abuse the system in states that favor them over the landlord.

Joe- I have 3 of the above.150 unit building- the professional mgmt company is in charge of all bills AND the resident mgr expenses (who lives on site)580 unit self storage-resident mgr and asst DON'T live on site, but my personal asst maintains an office there.

Tenants that are morons"Professional" contractorsCrazy neighborsPencil necks at the city ordinance departmentReal estate agents that think rent minus PITI equals cashflow

I mistakenly assumed that he was a professional that I hired to represent me, specifically to translate a document I created.

I now believe that my IRA transfer request will occur promptly and professionally.

If you are only going to have one make it professional looking - no gimmicks.

I need some professional advise on the subject of tax lien certificates / Trust.I been buying TLC for about 2 years now, however I just came across a deal with some good potential.

I know there is a cost to travel to Chicago, but then you can get your network of professionals in place and save some major potential headaches down the road.Good luck!

So, if you choose to disclose your license I would make it clear you are not acting as a licensee.These same remarks would also apply to other real estate related professionals, like attorney, escrow, CPA, etc.