But is there a requirement that you need to full fill before making your first post?

The information contained in this post is not to be relied upon.

Its usually called a post-completion or post-purchase mortgage.

Old post.  

I'll update this post once I see how that goes!

Great post people need to read this one.

Originally posted by @Travis Hill:I am reading a lot about property classes and how, who, and where are they determined?

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

If your AGI exceeds $150K, passive loss limitations apply unless you qualify for Real Estate Professional Status (REPS).This post does not create a CPA-Client relationship.

Great post.