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.

Great post.

Post questions to learn or create discussions.

Any insight would be appreciated (this is my first post ever!)

I just googled digital business card because of your post and am having trouble figuring out how they have value over any other contact organizer.

@Michael Daniel Probably better to post your numbers here and perhaps people can run them on their end and give you suggestions.

I now live back in CA, and my portfolio runs fully managed, but getting there took a lot of legwork upfront.A few things that stood out from your post:•If you’re focused on appreciation over cash flow, you’ll want to be highly selective in Detroit.

Upgrade to BP Pro, and post your deal seeking 50% LTV on the classified forum.  

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.