Posted on: 24th Oct, 2010 05:03 pm
If a person is willing to allow someone to make payments until the balance is paid, what is the best type agreement to use?
What are the tax implications, etc?
The person selling the property is retired and on Social Security.
What are the tax implications, etc?
The person selling the property is retired and on Social Security.
Welcome TJ,
You can add the person's name to the property deed if the person is paying off the mortgage on the property. This will give the person ownership rights to the property
You can add the person's name to the property deed if the person is paying off the mortgage on the property. This will give the person ownership rights to the property