Of course, it depends on her needs, but it could be beneficial for her tax / income purposes if she discussed it with her financial planner (I'm not a CPA).The possibilities are pretty much endless with seller financing, to make it exactly how you both want.

But since i am not 59.5 years yet if I withdraw looks like 20% federal withholding charge and about 10% I have to pay in taxes which means i loose around 30% of my 401k amount which I  accrued over many years

Seller loses, buyer loses, tenant gets evicted in long run, property sits with deferred maintenance during the process and neighbors don't like it, bad guys can break in...Foreclosure for an individual can cost anywhere from $90000- $250000.00 depends how long, what state, all the problems, delays... attorney fees hourly, filing fees, property taxes have to be paid...

Of course, there are always exceptions (they use their tax return $$ for the move, another park offers to pay for the move, etc)

Since he's 62 I know we can withdraw with no penalty, but is there a way to avoid taxes ?

Our syndication agenda revolves around acquiring discounted land, building single-family homes, and selling upon completion. what are the top 5 boxes you check when prospecting auctioned land at a tax deed sale?

“America has a lot of land, local governments have been making it more difficult to obtain development approvals, and also make land expensive to develop.”

Hello all, This is a newbie flipper who is about to sell my flipped house.I bought the property with a name of LLC and I have one question while selling it.I assume that I will receive payment for selling the house as a check and want to know what the better way to receive the payment is via between LLC bank acc or just personal bank account in general.And want to know what are some advantages tax-wise if I put the payment into my LLC bank account.

They lend on the same premises that I stated above and they will insist that the loan be to an LLC vice an individual because it makes it much easier for them to foreclose and they are not subject to the new laws governing loans to individuals.Transferring the title after the fact will violate your due on sale clause which is in pretty much every new loan.

Texas recently passed a tax relief for property owners.