For that reason and more. And not all of them are 10%, mine was much less. One thing is it can keep it off financial reports and credit reports for buyers. Sellers do it to avoid paying taxes for a while. In my case it was older folks who wanted out of a rental unit, but didn't want to take the pay off till after a certain age for tax reasons. So mine had a clause that said I couldn't buy it out or sell the property for 3 years at least.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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