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5 February 2025 | 0 replies
-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband.
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19 February 2025 | 6 replies
How are you determining income, avoiding fake paystubs & employment?
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13 February 2025 | 95 replies
Actually, they took the dictionary definition and broke up each of the requirements as if they were different ways to invest.
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17 February 2025 | 6 replies
As of October 2024, 75% of remote work employees now have some sort of in-person work requirement, up from 63% in 2023 (Source).
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6 February 2025 | 10 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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28 January 2025 | 8 replies
(Anything that isn’t your primwry first is only tax free on a pro-rated basis.)I don’t know how you could swing it but…If they gifted you the kand they would avoid their capital gains tax.
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12 February 2025 | 2 replies
Still, I think you'd find it difficult to find one that would be a good long-term investment unless you had another ~20-30 years to go, it's at least cash neutral, and you don't plan to hold it too long (to avoid too much investment loss and before you get to the point where it's unsellable because of too few years left); that's another way of saying that maybe it suits your cash needs in the near-term or is at least less of a pill to swallow than other options until you find something that's more of a sensible long-term play
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17 February 2025 | 4 replies
I've avoided being an agent bc I don't want to pay all the fees and sell houses to get paid, but that was before I knew an investor specialized brokerage like this was a thing.
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18 February 2025 | 1 reply
She said the owners wanted to owner finance to avoid dealing with tenants.
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15 February 2025 | 11 replies
Be careful to avoid analysis paralysis.