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.

Looking for advice and suggestions for a Roth IRA Custodian I'm looking to roll over a traditional IRA to a Self-directed Roth by the end of the year, and use that for my investing.

Socal is tough to find investment properties that work.I have a great realtor in Sacramento that can find properties that cash flow.

Investment Info:Single-family residence buy & hold investment.

MM$ projects with 25% ROI monthly payouts - payback with 25% ROI within 5 years Invest and payback gets you 100% vested in 50% of MM life insurance policy Invest and reinvest (partner) gets you 100% vested in 100% of MM life insurance policy

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

Investment Info:Single-family residence buy & hold investment.

I really need to know what your personal plan is with the property, are you house hacking or buying strictly as investment. 

these rulings over the last 10 years have eliminated much of the angst seen around the "hold for investment" issue mentioned above.  

There is just no way someone can guarantee you make $500K and have 100% success rate.The other issue with this sales process is the amount of time they make you invest.