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Tax, SDIRAs & Cost Segregation

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Maria Anderson
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Seller Finance Question

Maria Anderson
Posted Aug 13 2020, 14:11

I am going to buy my first house through a family member who received a house through the death of his father. The house is paid off and he owns it. Through his father passing his tax advisor told him that he is going to make too much money this year that he might have to sell the house at a loss. I'm not sure how this works out, but it made me think that seller financing may work in his favor and mine. If there is any information on how to set up a seller financing deal and a "how to" guide please let me know. If i can make this work in his favor and sweeten my deal for a win-win it would be appreciated. 

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