It IS required that you at least sign a RE-05 (Prior to Showing Agreement).

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.

Like any investment, the answer depends on the investor's goals.

I focus on investment grade tenants with my buyers.

We all know one of the advantages of investing in real estate is the tax benefits.

Find a house that comes up on the wholesale list that has a lot of bedrooms and buy it as an investment property with a hard money loan.

I’m a short-term rental host, owner, and operator, and I do a lot of STR/mid-term rental investing and management.

Does anyone have any experience partnering with different RE teams local to the lead? 

Hi Melissa,It sounds like you’re putting in some great thought and research into your investment strategy!

I've always been interested in finance but housing had always been a rather boring investment.