Did you have to sign a gift deed transfer to Scott Smith as a trustee?

The reserve funds must be in the borrower’s account before the new VA loan closes.o Gift funds cannot be used to meet reserve requirements.• Analysis of Rental Property Incomeo Each property(ies) must have a 2-year rental history itemized on the borrower’s tax return.o Property depreciation claimed as a deduction on the tax returns may be included in effective income.o If after adding depreciation to the negative rental income, the borrower still has rental loss, the negative income should be deducted from the overall income as it reduces the borrower’s income.o If rental income will not, or cannot be used, then the full mortgage payment should be considered and reserves do not need to be considered

They are romantic and make a room feel like a ski lodge.  

And I love the idea of talking with the tenants before closing as well, maybe I will give them a gift card for their time or something.

Contributions count towards the gift limit so they can shelter $14,000/year in an account that helps out a family member.

So consideration needs to be given to the party selling the LLC interest, or the party gifting the LLC interest will file a gift tax return.

Grant program that allows you to take a large "gift" towards closing costs and purchase price for a quarter point of interest over the life of the loan.The property was in pretty good condition, and the land underneath it is really valuable.

I'm certain if the tenant wants to comply with the lease language and our lease is what sent them to the insurer they're not going to look a gift horse in the mouth and refuse a simple COI.

If you were to own the house outright, without her name on the deed or mortgage obligation but use her money, she might still be subject to the look back period as that would likely be considered a gift to you and therefor a possible disqualifying transfer.  

Curios if I should send my tenants a gift for Christmas.