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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationDo I need an "all exclusive promissory note"
Account Closed's profile image
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Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
Connect
Account Closed
  • Rental Property Investor
  • Yuma, AZ
45
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Tax, SDIRAs & Cost Segregation

Do I need an "all exclusive promissory note"

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted Jul 17 2019, 15:18

When you pay someone's mortgage, do you use an"All promissory Note"? I read its a document that tells the seller that you agree to pay all of their liens. But, im not sure if a mortgage is considered a lien.

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