There is good news and bad news: good news is that there is a stepped-up basis as of the date of the gift of 50 percent of the gift date fair market value of the property as far as you are concerned for capital gains purposes.

Remember, every market cycle has opportunities and challenges, and personal circumstances often dictate the best course of action more than market timing can.Good luck with your decision, and don't hesitate to reach out to the community here for more insights or support as you move forward with your home buying journey!

If you were a bank/lender and an investor wanted to borrow funds on a property with several moving parts (actions towards repayment) what would you want to see from the applicant? 

The good news is that the tenant is unlikely to take you to court if you have clean documentation of the damages and work necessary.The time required to research and order a replacement remote?

(If you would like to track market expectations of rate changes, the FedWatch tool from the CME Group is extremely useful.)However, yields and mortgage rates can be greatly changed by Federal Reserve actions—the real drivers are the policy press releases and press conferences (typically scheduled for the early afternoon, a couple of hours after the publication of the decision).

Keep up with news on the local economy and meet other investors to gain more know-how. 

. 😊 Today We’re Talkin:- The Weekly 3 - News, Data and Education.- Good News to Report!

I know I'm still pretty news to Real Estate world so this is just the plan for my family in the next 3 years, we definitely moving to TX.Thank you everyone.

@Roger Steciak here are a few good articles to read on SD401ks relations to AP. https://www.investopedia.com/articles/personal-finance/040716/which-retirement-funds-are-protected-creditors.asphttps://sdirahandbook.com/self-directed-ira-news/asset-protection-for-your-self-directed-ira/Another great resource is @Brian Eastman The Godfather of everything self directed IRA.

Would love to know what course of action would be the best and most effective strategy.