@Account ClosedIf you receive a gift from a foreign person of USD100k or more, you would need to file Form 3520 to disclose it but a receipt of a gift is not subject to income tax.

It was not in violation of Airbnb's old policy, which covered bedrooms and bathrooms as long as indoor cameras in other areas were disclosed.

Also during contract negotiations, the seller may disclose any previous attempts to gaining cross access with the neighbors. 

Totally passive.Curious as to other BP members weird/strange investments that they are willing to disclose.  

The problem has gotten so bad that our state just passed a law that they must obtain a real estate license if they do more than one transaction in a year, which hopefully also opens them up to more scrutiny to disclose to seller their real intention.

Plus a lot of inspectors tend to turn up issues that aren’t actual issues, so having multiple inspections done sounds like a nightmare of sorting out which inspectors actually know what they’re talking about, which issues are real and which are not, which issues now need to be disclosed by the seller and which don’t, etc.

As  far as recommending using his service, I believe the material relationship should be disclosed.

If the agent is representing both BUYER and SELLER they must disclose this to both parties.

@Peter Torrance - In your scenario if you can find a sucker like Investor B to pay that for the property and that Investor A would fully disclose that they are only selling the tax lien for the property and not providing a warranty deed with clear title then yes Investor B would be on the hook for that 20k. 

There are notes, explanations, and attachments you can provide (through the turbotax software) to disclose the fact that 50% of the total 1098 is being split between both schedules.