Thursday, September 16, 2010

I want to ';rent to own'; my house out , will I have to file tax's on the interest I charge?

If I was to land contract my house to someone.. when I set the interest rate with them; do I have to claim that on my taxes?



Or could I offer a rent to own, with so much going towards the princable, without the hassel of interest?



How exactly does ';rent to own'; work?