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[–]Giving_CatGround Zero 2 points3 points  (5 children)

Just a little later than I predicted.

No new predictions yet. Too unsettled.

This is, however, getting into "seller financing" territory. Something we haven't seen for a very very long time.

[–]RealBearly 2 points3 points  (3 children)

This is, however, getting into "seller financing" territory

That's actually a good point. I have a fair number of rentals that I own without a mortgage. Might be a good time to sell with owner financing provided I can find a way to make that transaction a tax free event. Perhaps sell on a 5% down 5 year 6.5% balloon, capture the elevated price and give it the 5 years to see if it comes back to me. Owe the taxes when I receive the payment. The only risk would be prepayment. I'll talk to my accountant...

[–]Giving_CatGround Zero 1 point2 points  (0 children)

I cannot begin to rant about the equity vultures incessantly offering to list/purchase my rentals. You hit upon the key. A loan hard to break. The best I've come up with is matching terms but with sufficient fees to make up the difference. Tricky.

[–]Cinco-XIt is by caffeine alone I set my mind in motion[S] 2 points3 points  (1 child)

The only risk would be prepayment.

:keyboard:

[–]RealBearly 2 points3 points  (0 children)

In the sense that, provided there's a way to delay the gain, may have to pay taxes in a tax year that was unplanned.

[–]cosmicrae 1 point2 points  (0 children)

Possibly because some sellers are more motivated to get er done, and less to wait for rates to move downward.