Marko Bukva
Deed transfer and tax implications
18 February 2025 | 3 replies
If the trust gifts you the property, it retains the original cost basis, potentially leading to high capital gains taxes upon sale.
Anthony Zotto
Deal funding question
4 February 2025 | 2 replies
Buy of course banks won’t use “gift funds” and I don’t want to wait 60 days to let season.
Pradeep Varghese
Using Fund and Grow along with Plastiq for paying down payment
16 February 2025 | 27 replies
The donor would just need to write a letter informing the bank that the "gift" does not have to be paid back.
Kate Pasinelli
Looking for advice regarding potential INHERITANCE SPLIT
16 February 2025 | 1 reply
My dads portion of our building will be gifted to me in the will FYI.As a real estate agent, I see 5% as a reasonable market appreciation.
Jerry Velez
MLO vs. Seller Financing
2 February 2025 | 2 replies
Have any idea about Gift tax in NY?
Jackie Lin
Owning Real Estate in Vancouver as a US Citizen
18 February 2025 | 4 replies
Would your parents consider selling to you or your siblings at a favorable price instead of gifting it?
Sean Overcrest
Seeking Advice on Property Ownership and Cost-Effective Transfer
17 February 2025 | 3 replies
@Sean OvercrestThe transaction that you've proposed has several different tax implications: income tax, gift tax, estate tax, and yes, property tax.
Jon Ankenbauer
Best Way To Transfer Land From a Family Member
28 January 2025 | 8 replies
Find out if they can gift you the land.
Mia Law
Buying Property from Family Member
15 February 2025 | 11 replies
@Mia LawAlso look into the option of gifted equity.
Traci Edwards
Raising Capital for Multifamily Projects
10 February 2025 | 7 replies
We did a step-up of the $3.1M to $5M and having the other $600k from the appraisal gifted to the syndication.