Jerryll Noorden
YAY, I bought my first "buy and hold"!
14 November 2017 | 40 replies
You also might be able to get away with a once a year Christmas card that has a $25 (nominal amount) gift card to a decent restaurant to thank them for their business.
Account Closed
Selling/transferring house to my mother - cheapest way?
16 November 2017 | 2 replies
You need to be able to document the improvements with receipts.There could be a "gift" aspect to this, too.
Malik R.
Complexity of buying for a family member
16 November 2017 | 0 replies
I'm not sure how to go from there.I suspect I won't be able to gift the property to my daughter because I would still have loan on it.
Devon Kapler
New Canadian beginner investor
22 November 2017 | 7 replies
I was just gifted a decent amount of money from my Mom to do whatever I want with it so I want to learn and get into real estate investing.
Bo Edmond
Renting an investment property to family
18 November 2017 | 5 replies
No expenses are deductible on personal days.In this case - The IRS may come and tax you on the rent and disallow you any expenses.On a side note - Allowing a relative to live rent free may require the filing of a gift-tax return if above the annual exclusion.
LaVonna Shannon
Quick Newbie Questions
20 November 2017 | 30 replies
They just sent me a happy 25th anniversary gift.
Brandon V.
Duplex Tenant Drama Issue
20 November 2017 | 3 replies
Once him and his girlfriend moved in, they had got the lower unit a plant as a welcoming gift and in my opinion are just really great people.
Ali Qudsi
Minimizing tax paid on money recieved to buy a house?
6 December 2017 | 3 replies
To make a long story short a relative has given me and my wife a large sum of money as a gift and we want to use this to purchase our first Condo/home.
Monte Dick
Should I️ move in, rent, rebuild and sell or just sell?
23 November 2017 | 1 reply
She is going to put my name on the title and then gift it to me so I️ don’t have to pay for a down payment .
Gary Michalske
Options to Avoid Capital Gain Tax
27 November 2017 | 7 replies
It sounds like the aunt gifted 1/2 of the property to her nephew, based on the above.