![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632589/small_1689953711-avatar-1cleverinvestor.jpg?twic=v1/output=image&v=2)
21 February 2024 | 45 replies
Some parents here have gifted their properties to their adult kids - parent child transfers via inheritance or gift, you can inherit their property tax basis but you have to live in the house - this was from Proposition 19 passed in 2020 to undo some of the Prop 13 benefits.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2274405/small_1694883693-avatar-josival.jpg?twic=v1/output=image&v=2)
19 February 2024 | 1 reply
I’m also going through a zero down program so adding a gift from a family member would un-qualify me from the program.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/648530/small_1695354026-avatar-ericb132.jpg?twic=v1/output=image&v=2)
20 February 2024 | 11 replies
I have a six-figure W2, and I receive stocks gifted to me and bonuses totaling upwards of an additional six figures a year.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2361581/small_1694653135-avatar-justinm740.jpg?twic=v1/output=image&v=2)
19 February 2024 | 10 replies
Hi Justin, You might want to consider a "gift of equity."
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2274405/small_1694883693-avatar-josival.jpg?twic=v1/output=image&v=2)
19 February 2024 | 1 reply
I’m also going through a zero down program so adding a gift from a family member would un-qualify me from the program.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2793689/small_1690940418-avatar-peytonl18.jpg?twic=v1/output=image&v=2)
18 February 2024 | 5 replies
Wrap, only the gifts after closing...lol.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2725041/small_1706229209-avatar-rajshekar.jpg?twic=v1/output=image&v=2)
19 February 2024 | 67 replies
that's a gift to the City.in WA state the purchase prices are higher, but so are the potential ARVs.go watch every single one of Tarl Yarber's YouTube videos on flipping and BRRRRing in WA and then come back here with questions.good luck
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/988411/small_1708379829-avatar-juliegsavannah.jpg?twic=v1/output=image&v=2)
16 February 2024 | 1 reply
Borrowers who use hard money typically pay 1-2% of the loan amount when they take out the loan and also 1-2% when they pay it off, so a DSCR loan looks like a gift when compared to terms like this.Another downside to the DSCR loan is that it does come with prepayment penalties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2815602/small_1706462589-avatar-robertf572.jpg?twic=v1/output=image&v=2)
15 February 2024 | 5 replies
If so and you truly occupy the property as your primary residence they can give you a gift of equity for your down payment.
16 February 2024 | 15 replies
If you expect to have a more dynamic need - say you'll be investing nation wide and will need to address State and Local Tax issues in a number of different jurisdictions, or you'll be buying a property in the Caribbean, or you want tax advice on your estate/trust/gift planning, or now you are hiring employees and you want to ensure you are getting help when it comes to tax considerations of your employee benefit plans, or whatever avenue you go - maybe a Regional firm or one specialized in real estate all over will be your best fit over the more mom and pop practitioner.I always disagree with needing to work with an accountant that invests.