It's still my favorite investment strategy.

While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.

@TJ Woolum - save your money (many will be glad to take it), rather invest your time and energy  to connect with the right people!

However, the credit is limited to the amount of U.S. tax owed on that same income, so it doesn’t always provide full relief.While short-term rental in a foreign country could be a great investment and cash flow strategy, investors need to be aware of the limitations when it comes to tax planning.

Welcome to investing in central Indiana!

A person can have a mid grade job and still be able to invest in real estate.

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

If you spot a rule-breaker, just tag @moderators, and we’ll take care of it.Again, welcome to the community—happy investing!

I've been investing and hanging out on BP for almost 10 years now, so please reach out if I can help with anything.

Investments are investments- I think everyone understands that there is no guarantee for the return, but many potential benefits including the payout coming tax-free.