It’s crucial to consult a real estate attorney and tax advisor to structure the transfer in a way that minimizes tax consequences and aligns with your objectives.

This sounds like a home run and a great first purchase!!

Quote from @Logan Lambert: Quote from @Alex Hileman: Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.

Quote from @Alan Mills: Got an inspection objection back with something I’ve not seen on my other rehab’s (this is a Colorado property):“The seller agrees to have a licensed plumber install external sewer cleanouts per city code and scope the sewer line ensuring its integrity.”This was a full interior/gut rehab and almost everything is brand new.

Im looking at purchasing a duplex in middletown, Ohio.

Point is the above comments there are many other more effective ways to meet the FINCEN stated objectives for tax evasion, money laundering and terrorism.   

The name makes it sound like someone that will discourage all purchases. 

Our next big objective is to eliminate our housing expenses by purchasing a triplex or fourplex using my VA benefits.

My goal is to purchase my first property between now and mid to late 2025.

Make sure you are clear on your objective so they are not showing you deals that are not worth looking at.