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24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
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9 February 2025 | 6 replies
Just outline expectations and roles, and what each of you guys are going to do, and how properties will be acquired and how they will be disposed of, and how and when money will be taken out of the company and you should be good.
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11 February 2025 | 4 replies
Hi Lynette, I'm a Managing Partner at a company that does Full-scale flipping, lending, development, and portfolio acquisition, amongst other things!
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5 February 2025 | 4 replies
One risk I could think of is - Even witb a 20 year guaranteed lease, thr company could bankrupt & may put me in a situation to look for a tenant.
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3 February 2025 | 47 replies
The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.
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31 January 2025 | 21 replies
We do have a property management company and even with our experience with LTR's, just no way we could effectively manage this home without local property management.
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30 January 2025 | 4 replies
Can you please share your CPA and Prefab ADU company details?
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23 January 2025 | 3 replies
Who are a few great companies I could speak with that have turn-key properties available?
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23 January 2025 | 1 reply
Keep in mind banks still pool forclosed assets together and sell them all together as a group to one company.
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27 January 2025 | 17 replies
I do all accounting for properties and company in Rent Manager.