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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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3 February 2025 | 47 replies
You may just stumble into seller financing if play your cards right.
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5 February 2025 | 205 replies
We just got an escalation this week from Beattie (been in permitting since…late 2022) and timelines seems to be pushed out a fair bit so we are actually considering moving to Blacktip.
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16 January 2025 | 26 replies
And, I think its fair to say that we all may forget what people say or the information they provide, but we all never forget how someone treated us and made us feel!
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14 January 2025 | 3 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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4 February 2025 | 9 replies
And even if they do, they have to be fairly motivated to be willing to do so (even if you've built rapport and all that good stuff).If they are motivated, usually that means the property needs work and they almost certainly won't lend over and above what you buy the property for.
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21 January 2025 | 6 replies
@Ethan Borshansky, There was a brief period of time in the early 2000s when this type of "leasehold exchange" as described above was fairly common.
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5 January 2025 | 13 replies
Most of the bad noise right now is about downtown skyscrapers and REIT or Syndication apartment complexes where they played short term versus long term interest rates wrong.
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17 January 2025 | 11 replies
With a 3-5% down FHA loan, I snagged a cozy home in a hot spot, worked from home to play handyman, and created a hedge against the "what-ifs" of life.
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26 January 2025 | 33 replies
I was thinking - go ahead and sue, when discovery comes into play and they have to testify under oath (for example were they raising money properly and how were they managing money) - many will not want to answer that question while on the stand.