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21 October 2024 | 176 replies
And I was very choosy to buy in neighborhoods of new builds that were not saturated with investors I paid more and they were not as cash flow gifted as others who were focused on cash flow my main goal was Go Zone and then when i went to exit 10 years later I could actually sell them easy on the MLS to owner occs and made a little bit of appreciation while my cash flow was neutral to maybe tiny positive but i saved close to 500k plus in personal income tax over the course of 3 years buying them before go zone expired..
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11 October 2024 | 3 replies
My brother-in-law would gift his interest in the property to my wife (and we would fund him with an agreed upon gift in return) and then my wife would assign her beneficial interest in the land trust to the LLC owned by her as a single member.
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10 October 2024 | 5 replies
HI @Jyotin GautamShort answer is no in Texas Long answer according to the Texas Real Estate Commission " Under the amended rule, a broker could give an unlicensed person a gift of merchandise having a value of no more than $50 and this would not subject the unlicensed recipient to a charge of unauthorized practice as a broker, nor result in a violation of TREC rules by the broker giving the nominal gift."
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20 October 2024 | 84 replies
(My easiest, which I will pry transfer to PM if they ever move out.
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10 October 2024 | 10 replies
Quote from @Alan Kopmeyer: Looking to learn and invest in rentals and flips> Hi Alan, buying turnkey rentals and flipping will be easiest if you invest out of state.
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8 October 2024 | 4 replies
The easiest would be to have the tenant vacate, rehab and do a cash out refi
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6 October 2024 | 8 replies
Means no seller carryback above 80%.Using gift funds may be an option as well.
2 October 2024 | 28 replies
In Arizona, for example, STR owners generally aren't required to have a liquor license if they're providing a bottle of wine as a "gift," as long as you're not selling it or charging for it.
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7 October 2024 | 9 replies
Just wanted to see what the easiest way to finish paying it off was.Well, you’re in a good position to be in.
6 October 2024 | 7 replies
Assuming this is from a stranger and you are getting a reasonable price that wouldn't bring gift taxes into this.