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6 February 2025 | 13 replies
However, if you inherit it through her estate, you receive a stepped-up basis to its fair market value at that time, reducing tax liability upon sale.Gifting it now has no immediate tax consequences unless its value exceeds the $18,000 annual gift tax exclusion (2024).
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27 January 2025 | 48 replies
Seems like a pretty fair recommendation to me.
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10 February 2025 | 47 replies
There's a bunch of them.
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22 January 2025 | 12 replies
It still shocks me how many agents aren't aware of things like the fair notice ordinance.
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19 January 2025 | 4 replies
Hello, My wife and I are new to Bigger Pockets and are fairly novice real estate investors in Northern Maryland.
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31 January 2025 | 46 replies
I know it is strongly encouraged here for "credibility" reasons, but I personally think that is a bunch of bull.
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23 January 2025 | 3 replies
The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level).
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21 January 2025 | 1 reply
It depends on who you're hiring but that seems fairly standard.
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28 January 2025 | 14 replies
I just sat through a free webinar they put on and it was fairly informative for being free.
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17 January 2025 | 7 replies
If I were you, I'd pass on this property and look for something else (and I suggest a 3 BR) under $80 that you can put a little rehab into, unless insurance pays your family member a bunch of money and they accept a much lower price.