The author has endeavored to provide good, sound advice for a lifelong real estate investment strategy and have made every effort to provide completeness and accuracy to the work. However, the field of real estate, especially with regard to theMoreThe author has endeavored to provide good, sound advice for a lifelong real estate investment strategy and have made every effort to provide completeness and accuracy to the work.
However, the field of real estate, especially with regard to the related tax laws, changes too rapidly to guarantee absolute validity throughout. For simplicity, the term mortgage is used interchangeably with trust deed. Further, although the charts, tables, and examples presented are intended to be useful for illustrating concepts, they do not necessarily reflect the dollar amounts of actual transactions. Every real estate transaction is different, thus no general book on such an expansive topic could address every situation. The author does not propose to give legal or income tax advice in this book.
Please consult your own attorney and tax specialist before completing a real estate transaction.