I am new to the group, real estate investing in general, and trying to learn so that I can take my first step into real estate.

My husband and I are approximately 6-12 months out from executing on our first real estate purchase.

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

I’m passionate about real estate and am working towards building my investment portfolio, with a goal of acquiring five rental properties over the next five years.I’m here to connect with like-minded individuals, learn from experienced investors, and share knowledge along the way.

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

🔄 The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5Ever feel like your W2 job is holding back your real estate dreams?

Starting real estate investing early is a smart move, especially while leveraging your military benefits.

In The Millionaire Real Estate Investor, it profiles a couple who used this strategy.

There's also discussion of intentional inflation, but is there any impact on real estate prices at all?

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