The bathroom was a gift.

They may keep it around as a gift to independent mortgage brokers, but that's all it'll be.DSCR is not the cavalry coming to save the day, it's not a knight in shining armor, I strongly suggest that everyone pray to a different God (but, again, hey, go ahead and close the DSCR loans that people call you to ask for, may as well enjoy it while it lasts, I've noticed the uptick in phone calls from this niche too & have been closing them myself [dodged the bullet when Sprout pulled the plug, didn't have any active loans with them -- knock on wood I can keep dodging it, but when all the non-QM/DSCR lenders are posting cooked books to trick idiots on Wall Street into thinking they're not pets dot com, it'll take some luck too]). 

Looking for the best options to acheive what amounts to the change of the "seller" in a land contract without triggering gift taxes or other "additional" fees.

Hi All,Looking to close on a house and the family lender is willing to give us the lowest possible loan legally allowed, and so that the transaction doesn't fall under the category of being a gift, raise flags,etc.  

Obviously, this isn’t for everyone and not sure what state you live, but a used 12 gage is like $150 and makes a great gift, just saying.

I don't know either.But regardless of the size of the cash-flow which is not huge by any stretch of imagination, just based on the numbers and at that price and providing that I can refinance the purchase quickly, the way I would look at, is almost as if the owner was gifting me the property.Would I accept property gift from anyone even if the property doesn't cashflow superbly?

Being me, I would probably hint around very heavily that I would like to be gifted an art piece!

What gift most surprised you?

After my wife and I closed on the house, my brother and our mother would give us his portion of the down payment as a non-taxable gift (both gifts under $14K limit per giftor) with the intention that we would transfer ownership of the house to a LLC owned by all three of us.

When you get money from your own network does that not count as a gift that you will need to pay tax of 50% on?