Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.
Melissa Odom
Needing Advice on Commercial Project
29 January 2025 | 6 replies
Feel free to DM me and I can provide some further guidance and put you in touch with someone.
Tyler Walley
Getting Started in Short Term Rentals
1 February 2025 | 11 replies
It provides valuable market data that offers insights, unlike the free version that offers none.
Steven Catudal
Partnership split help
20 January 2025 | 11 replies
I am the boots on the ground and provide all of the time and my partners supply the money.
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
2 February 2025 | 20 replies
> Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.If someone poses an inquiry on this forum, I provide my honest opinion (which it typically that the investment is unlikely to provide a return that justifies the effort & risk).
Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
Yes, we can provide a digital issue but we are not allowed to past links here, sorry.
Damon Diddit
Inheriting a problem tenant after closing
31 January 2025 | 8 replies
When I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.
Jeffrey Farkas
Freddie Mac Loan
16 January 2025 | 2 replies
That is a true portfolio loan with a commercial loan and through a commercial lender or bank that provides portfolio lending.