Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
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
John Howe
Ohana Property Solutions LLC
31 January 2025 | 3 replies
We are looking to connect with others to build a solid foundation to our newly started company.
Alex Silang
Umbrella insurance but no personal residence insurance?
30 January 2025 | 3 replies
There are specialty umbrella companies that don't require you use them for car and home.2.
Daniel Carrillo
Introduction to Phoenix
30 January 2025 | 11 replies
Looking at this past week's CMI, it's interesting to see the buyer/seller positioning in the SE-ish area compared to the NW-ish area with rates high 6's in JanuaryStill bullish on W/NW future demand due to TSMC factory and other companies (dashboard snapshot below) but time will tell.
Melissa Compton
MTR / LTR Tech Stack
3 February 2025 | 2 replies
I'm especially interested in hearing about how you've made a PMS geared more toward STRs work with MTR billing and leasing.I do remote operations support for an MTR/LTR company in Denver and am assisting with our tech stack build out.
Guang Yang
pricing manager and synching system recommendation
7 February 2025 | 7 replies
I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios.
Philip Levi
Cost Segregation Study
30 January 2025 | 4 replies
Could you recommend a trustworthy and cost-effective company for this?
Daniel Summer
Investment Opportunities in Memphis
27 January 2025 | 10 replies
I have five houses in Memphis area, and the biggest problem has been finding a good property management company.
Mike Hansen
Tax assessment appeal
2 February 2025 | 3 replies
Just hire a 3rd party company that takes care of this for you - worth every penny.
Carsyn Childress
Old Member New Intro Looking to Buy a lot of SFR in 2025!
30 January 2025 | 0 replies
I started my career with the renovations team renovating the houses we buy, and with the property management company working with our residents and our maintenance teams.