Is it possible to owner finance from the owner and recieve the tax benefits?

Real Estate Articles (Other) 4 Comments »
Owner Finance
MzWayne ***?ked:

My husband and I have started paying my disabled ***?ther in laws mortgage for him and was wondering if there was a way to recieve the tax breaks for this. We live in Texas.

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Risks of doing an owner finance?

Real Estate Articles (Other) 2 Comments »
Owner Finance
Marcus ***?ked:

We owe $57K on a home appraised at $86K ****? need to relocate. If we do a lease to buy option, and the lessee defaults, is it the same to get them out ***? if they were renting?

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