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rent-to-own

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    What Happens to Your Taxes When You Rent-to-Own to a Family Member?

What Happens to Your Taxes When You Rent-to-Own to a Family Member?

By Ilyce Glink| 2019-04-03T09:05:40-05:00 April 3rd, 2019|

What happens to your taxes when you let a family member rent-to-own your property? The IRS has specific definitions to help, but they can get complicated. Q: I rented our old house to my daughter and her spouse as a rent-to-own property. I told them when they paid enough money I would sign the property [...]

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    Handling Tax Issues With A Rent-to-Own Home

Handling Tax Issues With A Rent-to-Own Home

By Ilyce Glink| 2018-06-15T10:28:53-05:00 January 12th, 2018|

Handling tax issues with a rent-to-own home can cause some tension between the landlord and tenant. You’ll want to have all the details before you make your next move. Q: I’ve been renting-to-own a home for a little over a year now. The owner of the home told me he would continue to pay the [...]

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