If you keep a rental property it's the gift that keeps on giving.

With 24 I would recommend they contact their insurance carrier and maybe throw them a gift card. 

No wonder insurance is so confusing, I do not hold the same gift of math as you seem to Have. 

With the larger gifting options through 2012, we'll probably be able to stop worrying about it alltogether, as the ownership will be transferred completely by the end of the year.Thanks for asking!...

When I make money with this, I will mention you - probably send you a gift for the inspiration :-)Thanks!

@Abraham AndersonI could love you to coach my oldest son about Real Estate investing as his graduation gift 😁.

I have invested in Greensboro and the surrounding 7 counties full-time since 2005 and can assure you that any appreciation you receive in this area is a gift and should never be figured into your income strategy. 

It will be all of ours first home.We’re very friendly with the seller and both parties are interested in a deal that puts more money in the seller’s bank account, monthly and saves us buyers in the long term (ie: minimize taxes on the sellers side and minimizes loan interest paid on the buyer’s side as well as frees up down payment to be used on improvements)Seller will consider a “0 down, 0% interest loan” with a higher sale price (let’s say, $1.6M).Initial Points of Consideration Could the seller sell it to us at a “loss” so that no capital gains are owed on his and then we gift the seller our monthly payments ($5k/month for ~27 years) - so that no income tax is owed (being 4 owners, we could gift the seller ~$60k/year)?

I am a cash buyer and I also generate my own leads through our site, its not as easy as I made it sound however its the gift that keeps on giving.

If your parents sell the property and then give the funds to you or you use them to acquire other property under your name, they have effectively "gifted" you the funds.