Adding the seller to an LLC in seller financing deal?

Adding the seller to an LLC in seller financing deal?

Member since 2020 · 2 posts · 0 votes

Heard from a more experienced investor that if you are doing a seller finance deal, you can add the seller to your LLC and pay them from that as earned income. We live in a no state income state. Is that called something or is it an old wive's tale?

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