Thanks in advance. you think its high, but wait until you have to send escrow statements annually, tax forms, and oh by the way if its owner occupied and you are not sending CFPB monthly compliant statements to the borrower they can contest the loan and be forgiven any default interest. 

You have the cash or you have equity that will be converted to a HELOC, a retirement account that you will pull money out of and be subject to 10% penalties plus your tax rate?

Some exchanger's exchange into a property, rent it out for several years, and then, AFTER CONSULTING with their tax advisor, convert that into their primary residence.  

We are selling some property on Land contract and I would like to use a loan servicing company to collect the monthly payment, and setup escrow for taxes/insurance.

Is there anything tax related I have to take care of before the next tax season, or can I just open the necessary accounts and get started?

Hi all,I'm nearly done with my taxes so I want to start prepping.

I think it is important to point out that it is the tenant's choice to schedule with the tech at that time, and if the tenants allow them to access the home when they are not there that is their decision. 

@Jack B.Financing does not affect capital gain taxes.

Hey Landon, I only know of one tax court case where someone with a w2 was able to qualify as REPS.

Be mindful of your property taxes.$5625/acre is a steal compared to TN land I've been looking at.