You may need an independent appraisal if the value of the property exceeds $5,000, as the IRS generally requires this for non-cash donations of significant value.Capital Gains Considerations: If you've owned the property for more than a year (which you have, having owned it for 10 years), the house is considered a long-term capital asset.

You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

I was not ready due to limited capital.

Hey Christian, have you considered house hacking as a way to get started with minimal upfront capital?

And she also e-mail me a topic about Peter Conti scam and MFG Capital Group.

Or if you wanted to sell a rental to make the $200k from selling- you'd have to pay capital gains, and unrecaptured depreciation tax and potentially depreciation recapture. 

Partnering: If you're initially short on funds or experience, consider partnering with someone who has more experience or capital.

Truthfully horrified that this is an individual who wants to raise capital from others "to scale" after owning section 8 rentals for 2 years.

For example, many regional and national builders (like DR Horton, Lennar, Toll Brothers, etc.) showcase their homes on our website at wholesale pricing where you can get up to 10% discounts on homes, 10% cash back, significant rate buy-downs, etc. that you would not have access to if you were to buy from them directly.

Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation).