We have been around the bigger pockets community for over a decade now and have more 5 star reviews on bigger pockets than any company on this website in any industry (>270 5 Star reviews).

However, the fact that your tenant intends to pay $800 through the app while their rent is $1,200 raises questions, it’s worth clarifying whether they plan to pay the remaining $400 separately and how that affects both of you.Before signing up, consider reviewing the app’s terms, checking online reviews, and confirming how quickly payments are processed to your account.

Thanks for the share @Neil NarayanAnd good point on considering other metrics like home value growth, price drops, etc @Ryan KellyFor anyone interested, here are some visualizations on these zipcodes

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.

We have well over 100 Five Star Google reviews.

Review every statement, email them with questions, and ask how you can assist them.

The reviews were so stellar, almost thought that they were fake at first, but some of the reviews come from people that have more than one or two post.

@Sean Yang Almost all of my clients prefer to go "paperless", in that we use cloud sharing services to review documents.

4️⃣ Unverifiable Business – No website, no reviews, and only a generic Gmail/Yahoo email?

@Jay StraderI'm wondering the same thing - I had an attorney review the contract & basically all it said was invest at your own risk.