Are Monthly Rent Payments Deductible In Lease Option
when you lease (with purchase option) to someone,
let's say you agreed on a
purchase price of : $ 80,000
monthly rent : $750/month
purchase term: 1 year
Are the onthly payment deducted from the purchase price at the end of the term, when the check is signed.
Thank you R.E.I lovers
Not normally, but you can offer a portion of it as rental credit.
[addsig]