Want to understand more about tax issues, liability, and asset protection regarding investing in real estate.

Hi Chris, if I understand the transaction it sounds like you will receive a 1099-S for the full amount.

These experiences shape my growth-mindset and value-first orientation, ensuring I bring a unique perspective to every deal.Personal Insight:As a father of six, I understands the importance of balancing family values with sound investment strategies.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

From my understanding, it might be more advantageous to refinance as a rental property at a lower LTV with income from two units, rather than as owner-occupied at a higher LTV with only one rental income considered.

I also understand that some cash buyers, unlike many of those motivated by greed, are honest and knowledgeable, however I find it difficult to identify them.

Understand the local permitting requirements, keep eyes on your property to avoid squatters, and make sure you have a great vacant insurance policy while you're renovating.

As real estate investors and property owners, understanding the broader implications of this development will be key to navigating the opportunities it presents.Anduril Industries and Its Expansion PlansAnduril Industries specializes in advanced defense technology, including artificial intelligence, robotics, and autonomous systems.

Not questioning your judgement/assessment, just trying to understand the situation to best advise you. 

It is my understanding that gifting a property does nothing to step up basis as the capital gains would follow the gift.