devlin - 2/10/2014 16:39
From below on the 1031 exchange. I have a chance to buy a piece of property that they want to have a contract on. I would just a soon go to the bank. They want to do this to avoid all the capital gains taxes. Is there away to not do the contract and the avoid the big tax bill?
Sure. Have them give you a deed and finance it with a note and deed of trust just like a bank would do it. You're just borrowing the money from them and not the bank. I do that all the time. It's commonly known as a seller financed mortgage. | 
Contract deed ???
