Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).
Jaren Taylor
New to Apartment Investing
27 January 2025 | 4 replies
This attorney should handle creation of your PPM and state filing requirements, but they do not handle the PSA or closing.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.
Kwanza P.
Advice for Finding Contractors (San Francisco)
25 January 2025 | 4 replies
I'll pay so much when demo is done, I'll pay some when painting is done, balance due when the job is complete.
Alan Mills
Sewer clean outs required?
4 January 2025 | 9 replies
Yes, sewer clean outs are required on new construction, but on a 1947 rehab house that didn’t have existing clean outs, is it really possible that I can be required to install them?
Don Konipol
Passive Investor Strategies vs Active Investor Strategies
24 January 2025 | 3 replies
My experience has been that although I outline the requirements for tenancy in my properties, both brokers and PMs still send people who would qualify for most property owners but do not meet my outlined criteria; and then are SHOCKED when I reject them.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
You won't be able to use conventional financing and must use a non-recourse loan which typically require 40% down.
John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.
Katie Southard
Do I sell my rental property and take the cash tax free?
28 January 2025 | 1 reply
If you sell your only overachiever to go with a more leveraged position, you could have 2-3 properties that may cover themselves or even provide a little profit, but when the rental markets shift (and they do), now you have 2-3 properties that all require you to supplement for their shortages.
Brittney Yang
How To Structure A Partnership For Duplex Investment
27 January 2025 | 6 replies
You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.