HonestDeed
HonestDeed provides a platform that enables sellers to transact directly with buyers through owner financing, handling buyer vetting, IRS-compliant documentation, and ongoing financial transparency without requiring a bank. The platform's interactive calculator lets users input sale price, down payment, interest rate, and term to instantly estimate monthly passive income, total interest earned, and potential tax savings from installment-sale treatment under IRS Section 453, with support for small businesses, real estate, digital assets, and service contracts.
- Financial Technology
- Software Only
- Regulatory & Compliance Technology
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Banks decline or simply do not lend on the majority of small business, land, equipment, and digital asset transactions, leaving $150-250 billion in deals stalled annually. Sellers who want to offer owner financing lack a safe, standardized way to vet buyers, produce compliant documents, and manage the loan over time.
Solution
HonestDeed provides a platform that enables sellers to transact directly with buyers, handling buyer vetting, IRS-compliant documentation, and ongoing financial transparency without requiring a bank or a finance degree. The platform's calculator lets users input sale price, down payment, interest rate, and term to immediately estimate monthly passive income, total interest earned, and potential tax savings from installment-sale treatment under IRS Section 453. Monthly payment schedules are automatically structured to meet IRS Applicable Federal Rate requirements, and the platform generates negotiation scripts, offer email templates, and branded PDF reports from the deal analysis. All standardized documentation and financing transparency tools are bundled into the service so the seller can originate and service the note with confidence.
Target Audience
Primary users are sellers of small businesses, real estate, digital assets, and high-value services who want to offer owner financing, along with buyers and agents who need to structure and evaluate seller-financed deals.
Features
- Interactive financing calculator with sliders and detailed inputs for sale price, down payment, interest rate, loan term, amortization, cost basis, and tax bracket
- Instant side-by-side comparison of seller financing versus a traditional cash sale, showing net return, capital gains tax impact, and total gain differential
- Built-in IRS compliance tools that automatically ensure interest rates meet Applicable Federal Rate (AFR) requirements for installment sales under IRS Section 453
- Pre-generated negotiation scripts and offer email templates personalized with the user's specific deal terms, benefits, and objection responses
- Branded PDF report generation with full amortization schedule, tax comparison, and next steps for saving or emailing deal analysis
- Support for multiple asset classes including small businesses, digital assets, real estate, and service contracts