Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
For example, if your purchase price was $300K and the FMV at gifting is $500K, the recipient's cost basis remains $300K, potentially leading to higher taxes upon sale.You and your spouse can gift up to $38K annually per recipient (under the annual exclusion) without reducing the lifetime gift exemption.
Tyler Schumaker
Brand new and looking to network
22 January 2025 | 3 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.
Susan M.
Problems w/ Allegiancy DST's? Alorica DST in Texas. RE Gain Fund LLC REIT 721.
9 January 2025 | 11 replies
I lead our DST due diligence within our RIA, and what you are experiencing is unfortunate and rare if you have the right sponsor.
Bruce D. Kowal
Cost Segregation Studies: The Hidden Passive Activity Loss Trap 🏢
30 January 2025 | 6 replies
Cost Seg studies will put depreciation on steroids and likely lead to a "Tax Loss".
Melissa Odom
Needing Advice on Commercial Project
29 January 2025 | 6 replies
As I start down one path, I have more questions which leads me down other paths with even more questions.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Never heard of a voucher tenant being responsible for maintenance and repairs, rental licensing fees, lead testing upkeep, cap ex, reserves, book keeping and tax prep......and even if you self manage, it takes up your time and should be treated as an expense because its taking away from your ability to earn income elsewhere.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.
Jacob Moore
New Investor Here Based In LA!
21 January 2025 | 2 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.
Donald DiBuono
Best Mailer Companies
9 January 2025 | 5 replies
Looking to bolster my off market lead flow.
Justin LoPilato
House Hacker Introduction!
22 January 2025 | 9 replies
Do you have a favorite service for generating leads?