The “three property exclusion” where seller finances no more than THREE properties in any 12 month period, and:(a) The seller owns the property and is a natural person or organization (corporation, LLC, partnership, trust, estate,association, etc.); and(b) The seller did not construct or act as the contractor for the construction of a residence on the property in theordinary course of business; and(c) The loan is fully amortized, specifically there is no balloon payment or negative amortization; and(d) The financing has a fixed rate or an adjustable rate that does not adjust for the first 5 years and is subject toreasonable annual and lifetime rate adjustment limits; and(e) The seller determines in good faith that the buyer/borrower has the reasonable ability to repay the loan.A seller who finances the buyer’s purchase of seller’s residential property and who meets either of the two exclusionsoutlined above may use this Seller Financing Rider.A seller who finances the buyer’s purchase of seller’s residential property and who is not exempt from Dodd-Frank should seek the advice of legal counsel regarding use of this Seller Financing Rider, including modifications or disclosures that may be required by Dodd-Frank, prior to completing this Rider.

Note many corporations regard the legal team as the anti-sales team.Yeah, you gotta stay safe but doing owner finance with no balloon is going to make you a happy person UNTIL interest rates soar back up.

I would recommend putting your property into an LLC not just as a form of corporate protection but also it would allow you to to work with small banks or credit unions to pull equity out.

There was a thread this week ,  where the question was how many wholesalers are doing 5 to 10 deals a month.that lead as all wholesaling threads to various answers.. from those doing 50 million a year to some doing 2 a month.but then one Gentlemen who owns a UGLY home franchise popped on.and that got me curious so I went to the corporate website. 

I did the math and with over 14 years in my profession, busting my butt to climb the corporate ladder, my salary has only increased roughly 5% per year while benefits are slowly taken away.3) I still have a lot to learn.

We have 2 hold strategies for projects that we're originally intended as flips:Short term- On the high end project in "A/B" locations we contract w/ corporate/executive housing companies.  

The drawback is the red tape of the corporate structure of it all but, all in all, it has proved successful and we have another successful summer lined up already with only a few peak weeks left to book and it is only March.And try googling heather Bayer.  

Does a person typically need an LLC/S-corp or something to that affect to be able to claim items such as these as business expenses?

It is irrelevant whether you own the property in your personal name, an LLC, Corp or Trust, etc...

Corporate transfer to my state.