When transferring real estate as a gift, it does not receive a step-up basis, as it does when it has been inherited.

Any advice on how to navigate this while keeping the deal intact or potential transfer of partners would be greatly appreciated!

It took about 8 months for the deed to be transferred to my name from the time of sale.3.

Well, what would be happening is that your buyer would be buying your house subject to the existing note, since you can't legally sell the property without paying off that note or transferring the debt to the new buyer.

So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost. 

Here is an example: We run a fund that has a transfer agent that handles the cap table.

., fractional ownership transfers).

Hey Folks!Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates. Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligi...

With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.  

Deed transferred to my name Sep 2023.Renovations from Nov 2023 - December 2024.No appraisal done at death.