Gaurav A.
RentalVest: Anyone worked with them?
9 May 2018 | 2 replies
.- Okay, let's assume they do that, not sure why, but let's prentend they do that and gift $17,000 in equity to the buyer, so he can come back and buy more. - The lender is wanting to see either a list of improvements including receipts and lien waivers for the new appraisal of $67,000 to justify the higher price and/or they will require 6 month of seasoning.- If someone knows how to buy, appraise and refi in 30 days, please let me know how.
Robert Herrera
Assignment of Contract Buyer has FHA Loan
30 March 2018 | 12 replies
In this market, getting a deal without a bidding war would be considered a gift in most cases.
Pedro Urena
private money, how to best setup the transaction
1 April 2018 | 5 replies
Pedro Urena for FHA loans you can accept a gift but cannot accept a loan for the down payment.
Joe B.
question about capital gains tax
2 April 2018 | 2 replies
i was gifted a house... im looking to sell the house now and want to avoid capital gains tax.... can i gift the profit from the sale of the house to a family member and avoid capital gains tax?
Ronald Roetsel
Partial 1031 Exchange?
10 April 2018 | 5 replies
I did a partial related party 1031 in 2010 where I exchanged a property of Value X for a 50% interest in another property of Value 2X, this combined with a gifting of the other 50% interest.
Kenneth C.
High Utility Usage by Tenant (Landlord Paid)
12 April 2018 | 7 replies
I also let them know via email or maybe a small gift card when I WONT be raising rates even though the power co did... gives you a chance to recoup a loss for idiots who leave taps on or don’t report a leaky toilet and also gives you a chance yo remind them you’re eating an increase that as a homeowner they would be required to pay.
Federico Morales
Rent is not as much as a mortgage would be
10 May 2018 | 39 replies
@Federico Morales I think you answered your own question, you were gifted a million dollar property for $320,000.
Carl J.
Have 460k to Use - A New Real Estate Investor's Gameplan
11 April 2018 | 5 replies
But what an awesome gift he has left for you to steward for your family!
Scott T.
The Legality of REIs Paying a Finders Fee to a Realtor, etc. ???
11 April 2018 | 3 replies
. :-) It sounds then like realtors (under NAR, etc. guidelines, nationwide...) are likely 'unclear' about a "non- transaction" (and that clause clearly only refers to "commission sharing" in reference to actual "under contract" clientele) and likewise my either 'promising' or 'gifting' (in effect) money or perks to someone who 'refers' a potential client they can't work with presently (when I can help that person, who may then become a RE brokerage and/or mortgage, etc. client later on, when they resell, or perhaps refer others they know, if the agent(s) HELPED THEM OUT) doesn't even seem 'grey area' to me, unless there's more 'legalese' (statues, legal precedent, case law???)
Amar G.
Broker holding out on paying agent's commission
21 April 2018 | 26 replies
Little do they know the horror that awaits them with entitled agents that think they are the gift to the industry.