While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.

Some examples are, adu zoning, lower minimum sqft., zoning exceptions for business in a primary residence, city lots for sale for under $15,000.  

My goal is to diversify with an investment that generates steady cash flow, even if it requires a larger upfront investment and lower overall returns. 

“Your success is only because you started back in 2025 when prices were lower, it was easier, etc etc.

As an agent, you can also represent yourself and put your commission toward the down payment, further lowering your out of pocket costs.

Hello , I’m new in real estate and thinking of buying a property in Pittsburgh, prices are about lower compared to NYC where I leave .

Understand cash flow lower then say 500 bucks a month is a myth anyway.

The terms are normally around 12%(interest) and 2%(points).Sometimes the interest is higher/lowerSometimes the points is higher/lower

I wanted to help them out and minimize their loss and saw an opportunity to get a property slightly below market because of my commission savings, immediate mortgage and maintenance relief, in addition to keeping a lower short term interest rate How did you find this deal and how did you negotiate it?

The most you are allowed to raise rents on a year over year basis is 10% or 5%+CPI which ever is lower.