Family members are allowed tax-free gifts and that can come in many forms, just talk with your CPA and you will should be able to structure it without any tax burden.

🏙️✨ This 12-acre, multi-phase project is set to introduce:✅ Luxury Living – A 383-unit apartment community & boutique hotel✅ Business & Retail Hub – Over 400,000 sq. ft. of office space & a variety of restaurants, shops, and fitness studios✅ Pedestrian-Friendly Spaces – Green areas, public art, and a vibrant "main street" atmosphere✅ Historic Charm Meets Modern Growth – Two historic brick mill buildings will be seamlessly integrated into the design🏡 Market Insights:📈 Avg.

🏙️✨ This 12-acre, multi-phase project is set to introduce:✅ Luxury Living – A 383-unit apartment community & boutique hotel✅ Business & Retail Hub – Over 400,000 sq. ft. of office space & a variety of restaurants, shops, and fitness studios✅ Pedestrian-Friendly Spaces – Green areas, public art, and a vibrant "main street" atmosphere✅ Historic Charm Meets Modern Growth – Two historic brick mill buildings will be seamlessly integrated into the design🏡 Market Insights:📈 Avg.

Hi David Oh-You asked about a profit sharing bonus for property managers to give them an ownership mindset and incentivize them to align with your goals for quality property management.I love this idea.While I do not have a formal profit sharing plan, I always like to recognize the property management company with gift cards to the operators and the people within the property management company I have regular contact with that help keep the property running well and keeping costs down.Related to this, a handwritten thank you card to the same people periodically goes a long way.I also like to do the same for the tenants that have been paying rent on time.To your success!

Some neat shops and bars there, and a brand new fishing and entertainment pier is scheduled to open this year.Congrats on your STR in Savannah! 

@Adam Newman you will want to confirm this with the bank but you can’t take a loan out to borrow for part of the down payment so you’ll need to provide all the funds yourself or have a gift from someone for that which you don’t have.If you have a gift from someone to bridge the 20%, that would be ideal.  

@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.

Hi,I am an investor in single family homes and am interested to use my equity in them to start investing in multi unit shopping center retail.

The premiums didn’t make sense compared to the other options I found for the two properties I moved off this policy, nor did they align with the rates I have for other properties in my portfolio that are not on this policy.I’ve shopped this policy extensively across multiple companies and brokers.

I can go on campus, my $100 storage unit, a coffee shop, etc.