Tax Advantages Of Rent Vs Lease Op

What are the tax advantages of Lease optioning over renting?

thanks
Nick

Comments(1)

  • RichKid200221st September, 2004

    this may not be entirely correct but i'll try to help. With a lease option if they decide to purchase the property then fixing things with the property (i.e. plumbing, roof, etc) is no longer your problem its thiers due to the fact that its their property. Renting on the other hand its up to you or the property manager to fix things that go wrong with it.

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