Contract For Deed Question??? - Posted by Jim-AZ

Posted by Joe on March 04, 2002 at 10:40:40:

Generally, he who makes the payments, takes the tax benefit. You didn’t say who is selling using a CFD. Was it the seller to the investor, or the investor to the end buyer? Both?

If the investor is buying on CFD, but selling using L/O (which I recommend), then the investor takes the tax benefit, because the end-buyer is really only leasing and is not on title.

Contract For Deed Question??? - Posted by Jim-AZ

Posted by Jim-AZ on March 04, 2002 at 10:33:22:

I’ve never done a CFD before and I was just wondering who gets the tax benefits with a CFD - the original seller, the investor in the middle, or the investor’s end buyer? My guess is the original seller, but I wanted to make sure. Thanks.

Jim