If your property is in an S Corporation the "distribute" or "sell" or "fixing cost" of the property might impact your tax situation.

Rent-To-Own is an agreement usually where the lease will incorporate the terms of the future purchase of the property.Which to use? 

You can find all of the info here on this site and the internet in general. 

The "storm" has nothing to do with the Cape Coral market as the it impacted us as a tropical storm.The Facts!

In 2018, after four years of no reports and membership payments, Vantage IRA sent him a 1099 notice saying that they had distributed the full amount last reported in 2014.Additionally, my friend filed a chapter 11 bankruptcy July of 2014, shortly before his arrest.With this being said, my friend never received the disbursement, Vantage IRA is still the member of the 7 LLC's contained within the account, and the LLC's were never closed.

Thanks Jonathan, I've been in about 10 properties in the last week, so I'm definitely on the ground.

My hold co in the end would purchase the property for 500K from my wholesale LLC.

How should I proceed if the terms will remain the same?

How I've been learning is reading from the forum page and actually seeing the problems people post, as well as the replies from other that also went through same situation.

I think it is an awesome program because of the following. - Must be on a new construction home - Must be under $450k (which can be hard to do on new construction here) - Also protects against deflation by saying if the equity upon sale is less than $20k, only 50% of the equity needs to be paid back.