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18
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14
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Alan Robert Litz
  • Real Estate Agent
  • Norfolk, VA
14
Votes |
18
Posts

Installment sales. How do they work exactly?

Alan Robert Litz
  • Real Estate Agent
  • Norfolk, VA
Posted

Are many people on here familiar with Installment sales? I basically get the gist of it where you sell the property with seller financing. The seller then defers Capital Gains taxes because it is an interest-only loan with the principal being paid off further down the road. Just trying to figure out exactly how it works. Any input is appreciated! Thank you in advance!

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