@Diego L.That's actually an interesting situation and a case where revocable trust may make sense.

I'd love to connect and see how I can help.DM me if interested.

This is our boilerplate language:Insurance: Tenant should obtain a renters’ policy of insurance on their personal property.

If this is your first deal, it's probably best to get a lawyer to make sure you're doing everything properly.

But really, I have done this at least 5 or 6 times.

At least run this with good, bad, worst scenarios.

Welcome, best of luck on your journey. this is a great platform to be in

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

@Rowan Roderick-Jones This is really helpful.

Happy to talk if you're interested in checking that out.