Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.
Brandon Weis
Collection Agency Recommendations
14 January 2025 | 1 reply
We have tried multiple local collection agencies, and we have not received a penny for over a hundred thousand dollars of bad debt submitted to them.We keep hearing, "It takes time" but it's been well over a year with the most recent one.
Sam Hanaa
Chatting about Windsor,ON
25 January 2025 | 11 replies
We have also received an influx of international immigrants who are also in search of housing in Windsor.
Anthony Freeman
Property Management software
17 January 2025 | 6 replies
Run through some of the features you will need like setting up a property, moving in a tenant, receiving rent payments, and publishing online applications.Pay attention to which platform feels the best to you as you perform these functions.
Miguel Del Mazo
Sale on new Furnished finder listing
10 January 2025 | 6 replies
Quote from @Robin Smith: I also received this email.
Chris Hains
Need A House Flipping Spreadsheet
28 January 2025 | 12 replies
And the owner is very responsive to questions or issues (emailed him at night and received a reply within a few hours).
Dallas Morioka
Using Seller Financing to Buy Primary Home
22 January 2025 | 3 replies
My question again stems around using seller financing to allow them to receive a consistent monthly pay of X amount and delay/lower their tax bill in the short term instead of going through a lender to borrow 800k+ causing my mortgage to be significant part of our income roughly 40-50% of take home - which we are approved for LOL.
David Oh
Profit Sharing Bonus for Property Mangement Staff
3 February 2025 | 12 replies
You can determine the percentages but we give them 50% of what the company receives from the owner upon a new rental.
Joshua Cole
Was I mislead in a deal involving cross colateralization?
14 January 2025 | 1 reply
An offer was received that I accepted.