RentToOwn-HouseFinder.com

what are the tax implications of a lease with option to buy for the seller?

Public Comments

1. Get an answer to your question from someone who knows here: http://www.homefindinginfo.com/realestateforum/default.asp
2. The seller pays taxes on the rental income and not the option fee. for example, if you pay $700/mo where $500 goes to rent and $200 goes to your downpayment, then the seller pays taxes on the $500 a month and then pays taxes on the $200 month if and when he sells the place to you. Regards...
3. It depends on may factors. See an Accountant.