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.

I avoid investing in rough neighborhoods because I am a professional.

This approach helps maintain strong relationships with tenants and avoids disputes.Hope this helps!

I read about a 1091 exchange and if i reinvest my money into another property within 6 months then ill avoid paying the taxes on it. is this a good plan, if not do you have any other suggestions.  

Hope NOI and CoC will improve in the near term, until then avoid putting any new money.

I have hired another company to handle all other aspects of my financial needs.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

If you don’t have a shop, you can still point people to toys, but you’re not supposed to act like you own the shop or start setting prices for toys you don’t actually have.Here’s why some wholesalers avoid getting their toy shop license:1.

Waiting until the 1-year period ends avoids potential loan issues and simplifies things.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.