Here’s the breakdown of your situation:Capital Gains: About roughly 45.53% of each payment (including the down payment, annual payments, and balloon payment) will be taxed as capital gains, and the rest will be considered a return of principal.Interest: The IRS requires interest to be charged.

It's a good idea if your location is such that you don't worry too much about damage.

Thank you for your answers.

Speak to your account about your upcoming tax obligations for the following year.

Good background Chris…. and appreciate that you wrote that while not on your morning walk while on FB live like some gurus like to do. 😀  Thanks 

Existing investors, please share your thoughts. 

Thanks, Calvin - I appreciate your advice.

Hey @Nate Caffero, rather than putting someone else on the deed and pulling out equity to do deals ...... why not keep your equity to yourself and just work with private money?

The Person is wanting to sell me their home for the amount of Equity they have built in it right now. approx. 20KThe Seller has agreed to Let me Lease to own and sublet the home and continue to run it as I see fit. ( i am going to keep it as a AirBnb)Is there a way transfer me onto the deed and then refinance the house out of the VA Loan and into my name?

Although your reviews won't convey, the buyer can have some peace of mind that with future revenue that the first couple of months mortgage are covered while they make adjustments, build up some reviews and work out any nuances they need to.