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I'm not positive on this but i BELIEVE that installment sales pay the cap. gains rate in the year of receipt. In other words if Obama raises long term cap gains rates your parents could potentially pay a LOT more in tax with an installment sale.
Again, i'm not positive in my recollection but i believe that is the case.
And, as mentioned by turbo6, foreclosure is not necessarily something you want as part of your business plan. Between time/legal fees/lost rent it would take a considerable deposit to offset expenses.
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Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again!
I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions.
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