Real Estate , Taxes

From Landlord to Lender

As of today, we reduced out real estate holdings significantly. We now only have one more rental unit, instead of the 6 we still owned last month. Rather than being landlords, we are now acting as the bank, as we provided the buyer of our real estate with a mortgage. So we went from landlord to lender. Why? Why did we sell most of our real estate holdings and turned lenders? There are quite a few reasons to be honest. It was also a process that took many months to culminate. In no particular order: The Deal What deal did […]