For example, if your purchase price was $300K and the FMV at gifting is $500K, the recipient's cost basis remains $300K, potentially leading to higher taxes upon sale.You and your spouse can gift up to $38K annually per recipient (under the annual exclusion) without reducing the lifetime gift exemption.

In Philadelphia the fundamentals are strong: leading industries/employers are in the Education and Medical fields which are known to be stable, proximity to NYC and DC, national airport, port city, affordability compared to mid-atlantic predecessors.

Those 2 will generate plenty of bookings if you have a great place and priced right.

A lot of times the different viewpoints lead to different questions to ask.In regards to your replies:1) I'm no legal expert, but it seems the sections of tax code you mentioned don't consider in-laws to be a personal relationship that would prohibit the transaction.

Are you getting leads?

Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.

Employment Growth Outpacing Housing SupplyBuffalo leads the nation in the ratio of new jobs to new homes permitted.

Generational Wealth: If your SDIRA invests in real estate, those assets can pass to your heirs, benefiting from the step-up in basis (outside the SDIRA) or continued tax-advantaged growth if inherited in a beneficiary IRA.

E2 Visa is either a 2 or 5 year Visa which has to be renewed and never leads to a green card.  

Now that I am in position, I would like to place a mobile home to generate some passive income, but I don't want to use my savings for the down payment.