I think we will see an extension of the unified estate/gift tax credit set to expire 12/31/2025.

Same BRRR method we use for a typical LTR, but better equity, ROI and use( gift it, use it and better tax write offs) 

RE simply is not only cash flow rentals that tends to be the majority of course since its the easiest concept to grasp and financing is by far the easiest for beginners or non experinced folks.

I have given away copies as gifts and loaned mine out to lots of people. 

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

Happy to chat offline, the market is not the easiest but there's definitely room to operate well and make it profitable.

For the material participation test, the easiest way to get it is Via the 100 hours and worked more than anyone else.

It’s an interest free loan but it’s not a gift unless you die in less than 27 years while still owning it or it’s 1031 exchanged property. 

I only rented out 2 out of my 3 rooms because parking ain't the easiest in my hood.5) I rented to professionals (and one PHD student) so that's why I chose the neighborhoods I listed.