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7 April 2017 | 0 replies
Does anyone have experience gifting an interest in a LLC?
11 April 2017 | 28 replies
If they choose to "gift" money to you, so be it, but if they have a rental property allow them to treat you as any other tenant.
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10 April 2017 | 4 replies
In my experience, a HML may allow equity partner funds for a down payment, cash-to-close, and loan reserves and also may allow gift funds.
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19 April 2017 | 5 replies
If only Brandon is on the title, he would have to pay a gift tax to give her the house, right?
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12 April 2017 | 23 replies
Renovation takes time, hurts occupancy, and if certain things (like kitchen cabinets) are in the middle of their life there's no need to look a gift horse in the mouth.
19 May 2017 | 4 replies
Assuming you have something to spend them on, gift cards are as good as money.
6 May 2015 | 7 replies
Possibly it is UGMA account (Uniform Gift to Minors Act).
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30 August 2015 | 1 reply
He mentioned doing a gift deal but at only $10k per person I need to find plenty of family members to do me a favor and I'm very uncomfortable to ask.
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13 October 2021 | 2 replies
Given that the house costs about 60K, and "looking on it from the side" may seems like a big gift/present (which it isn't)I'd appreciate any advice!
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16 January 2022 | 5 replies
And as you know, for investment properties you are not allowed to use borrowed or gifted money as a down payment.