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24 January 2025 | 8 replies
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
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18 January 2025 | 7 replies
DM me your email and I can connect you with the organizer.The group discusses buy & hold real estate, both single family and apartments.
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23 January 2025 | 9 replies
If you ever want to connect to talk real estate let me know.
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21 January 2025 | 20 replies
That’s how the wealthy do it with real estate or businesses.
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15 January 2025 | 15 replies
Income from leveraged real estate or active business income.
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19 January 2025 | 1 reply
You could check out a book by Dave Van Horn called Real Estate Note Investing.
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17 January 2025 | 3 replies
Wholesaling real estate is a great way to start as you must become familiar with deal underwriting and deal sourcing.
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2 January 2025 | 10 replies
Its time to get an accountant who specializes in real estate taxation.
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27 January 2025 | 11 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.Here's a guide that teaches you how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...Finding deal that cash flow is the easy part.
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10 February 2025 | 16 replies
The real question is have you done enough due diligence?