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1
Posted on 3/8/15 at 2:29 pm to Poodlebrain
Sorry I meant that in reply to I Love Bama.
Just wanted to know some more information because, as you know, huge tax implications being a dealer vs an investor.
Just wanted to know some more information because, as you know, huge tax implications being a dealer vs an investor.
Posted on 3/8/15 at 3:38 pm to krehn11
quote:
You're not a real estate dealer are you?
I'm not.
Posted on 3/9/15 at 6:16 am to Jcorye1
i don't disagree, but if he does not feel that what he is doing is right, then he should not do it.
I certainly would sell my house above market value if possible.
I certainly would sell my house above market value if possible.
Posted on 3/9/15 at 8:58 am to I Love Bama
The biggest thing I see which may not bother you is that you are likely to end up with the house again somewhere down the road. He's buying a house he can't sell because it's woth far less than he paid. My guess is that he won't have the means or inclination to write a fat check to get out of the house.
Posted on 3/9/15 at 12:44 pm to I Love Bama
quote:
a house worth $15,000
How is this even possible?
Posted on 3/9/15 at 2:58 pm to I Love Bama
An autograph from Mark Ingram is worthless to me yet to some Bama fan in the sticks it's priceless. How is that different?
Posted on 3/9/15 at 5:02 pm to elposter
quote:
How is this even possible?
All over the place in the ghetto.
Posted on 3/9/15 at 5:15 pm to I Love Bama
Are you in the Huntsville area? If so, what kind of monthly rent are you getting?
Posted on 3/9/15 at 6:34 pm to VABuckeye
quote:
you are likely to end up with the house again somewhere down the road
This. I know someone that does owner financing on a few properties, and within 3-4 years on every single purchaser, he's foreclosing the house.
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