With proper tax planning you can exchange through life, die and NEVER pay tax.

Otherwise, don't get people down without providing info on how to get back up.In fact, I tell my clients that if the choice is between paying off debt or keeping cash but a higher mortgage balance...KEEP THE CASH and make just the payment you HAVE to, because cash is king.

I figured i would give myself a proper introduction, been reading this forum for the past few days and its pretty amazing.

Once again sorry if I came off as rude but I do not mean to offend you just showing proper courtesy to Mark as it is his new member thread!

I then give the seller 1/2 of their net distribution at closing and the balance when they move out.

Attention;It is my pleasure to introduce my self, first am Hon.Dr.Kwabena Duffour, the current Minister of Finance and Ecomice Planing (M.O.F.E.P.)Republic of Ghana West Africa.I want to used this medium to inform you that at the moment i have $3.5,Million United State Dollars, that is already in a bank in London awaiting to be invest in any profitable business legitmatly in any part of the world.So therefore do not hesitate to notifly me with numbers of any profitable business that i can invest this fund into and i will get back to you after my proper verrification, then i shall choose the one to invest my fund into legally with the assistance of my lawyer.N.B.Please do forward all reply to this E-mail address; [email protected] Regard,Hon.Dr.Kwabena Duffour.

If the tenants are on long-term leases, then I would evaluate the deal both ways, realizing I would be stuck with the lower return for the balance of the leases.Mike

Once again sorry if I came off as rude but I do not mean to offend you just showing proper courtesy to Scott as it is his new member thread!

I believe that with the proper guidance and knowledge you will be able to meet those goals no problem.

If they do that, then the entire balance of the loan becomes due and payable within 30 days.Transfering the title into a Land Trust would cloak the title so the lender would not be certain of who actually is on title.The drawback with doing this (in my opinion) is when you go to refi or obtain a new mortgage for the property.