Updated over 5 years ago on .
Fixer in Smoaks South Carolina.
My concern is the place the trustee puts the money. The trustee charges an annual fee and the "carryback seller" (how the 453 is set up is carryback note instead of an IRC 1031) receives payments if they want. The Co. with whom I spoke says the owner would receive about 6% annually. If it were my money, I would want it invested in 10-20% returns secured by real estate. I cannot find any info about what say the "Carryback Seller" has to protect the note return, where it gets invested and inheritance process. There are lots of videos about why to do this and advantages. What is the structure? What influence does the "Carryback Seller" have? Thanks.