Tag Archives for " house "
Taxes on Subject to Deal
Taxes on subject to dealscan be a bit complicated. For example, you buy a property “subject to” an existing loan. You sell the property on an installment land contract or lease/option. What are the tax ramifications? Part One – Determining Your Basis Your tax basis is basically what you paid for a property. If you have a […]
Continue readingBuy Real Estate With No Money Down
There are are at least 10 ways to buy a home, even if you have little or no money to put down. Here are a few of the basics: 1. Sweat Equity Sweat Equity is a way to get a home by trading work for equity in the house. This could be used for a down payment or […]
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