Find a house that comes up on the wholesale list that has a lot of bedrooms and buy it as an investment property with a hard money loan.

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.

It is a hard job I did it for 15 years until I made enough money to just invest.  

Investment Info:Single-family residence fix & flip investment.

Instead, we protected our investment by following our SOPs, verifying everything, and never assuming the first answer is the full story. 

It will allow you to invest the money on your own but under authority of the custodian.

Apollo Acquires Bridge Investment Group in $1.5B All-Stock Deal – What This Means for CRE InvestorsBig news in the commercial real estate world!

Not sure why owners invest in rentals, yet do very little research on market conditions!

IMHO you should invest in a place you like to visit or the highest ROI.

I reach out just to help as I'm a local agent/investor here in the area; and my focus is primarily on investment properties with my clients.