Party A decides to quitclaim deed their 50% ownership to Party B (lets just say as a gift).

Promise a nice house warming gift and dinner out to celebrate the new place on you.

Also, I would speak with your CPA, to help lower taxes you can gift yearly funds to your kids.

@John Hall wholesaling is gods gift to newbie real estate investors.I just completed my first deal and made 26k gross.

He emails me: "I will give you 10% of what we get paid in the form of a gift certificate of your choice."

If you have a maintenance emergency, call your handyperson, if you have a cleaning emergency, call your cleaner and give the guests a gift card to go to dinner while the cleaner gets over there to clean.

I intend to use the savings of smaller coverage to gift to the super.

Here is a gift to myself..to inspire you all that dreams are attainable..my 1 of 20 karma fisker color combo!

The rub is going to be how FMV of the property compares to the $15k allowed to be gifted tax free (i.e. your dad can gift you and your sister $15k each in any given year).

Some may be happy 'gifting' the money and making 12%.I understand you want to include everyone, but it might not make sense to have so many people in when you are all just starting out.