It is Uncle Sam's gift to you for buying dirt in the good 'ol US of A, along with depreciation :)https://www.biggerpockets.com/renewsblog/2013/11/0...Hopefully these links help clear things up!

Someone accidentally sent a wedding gift to her old address - my rent house.

Even though it may feel like that money is dead (it's not) compared to the returns you would see in real estate, it also gives you the gift of being able to use leverage more responsibly.

There are a lot of ways to invest in RE, and it may benefit you to learn more about them.I think one of the greatest gifts many of us received was the fact that we had to learn a lot about investing on our own and start with little or nothing.

That means you can save each and every penny you earn or that is given you as a gift.

I just bought it as an Christmas gift for Dad from Ebay but alas, it didn't come with the board...kind of integral. 

I'm trying to get conventional lending how ever im using a quote "gap lender" to come up with the down payment and banks won't pre approve me for using "gift" money.

Or will they fill out a gift letter showing it isn't a loan?

There are a number of local suppliers who inflate their prices and give discounts to contractors, but in the end this is a mental trojan horse game.I think over the long haul using Lowes or HD's "pro" programs coupled with discounts from their CCs or gift cards (from a site like Raise or CardCash) will lead to the lowest costs for a given project comparing apples to apples.

I gifted 6 to my children still have two and sold 20 homes and netted $3.5 million.