She wants to give me her house and move into a senior citizen home@Dana N Johns: Just a couple of thoughtsTalk to a real estate knowledgeable, CPA, not to your standard CPA and not to unknown investors on some forum in the ether for a matter like this.Now, if your mother has lived in the property for two of the last five years, she is entitled to a tax break on capital gains if she sells or if the title changes hands (basically sells using creative finance).However, if you inherit the property, there is a tax advantage to you in terms of stepped up basis and capital gains and a tax advantage to her from incurring capital gains if she is outside of the “two of the last five years” window.As far as the Medicaid situation, that is best explained by a CPA or tax attorney or Enrolled agent.

The space is most appropriate for a couple with 1-3 children, 3 single adults, or even a couple with a grandparent or nanny and a kid or 2.From what I'm reading, the law protects families with kids from discrimination, but can I get in trouble for doing the reverse and allowing (and potentially advertising) a higher occupancy rate if people have babies and children than if all occupants are adults? 

I can wholesale just about any type of property that I get under contract with a couple of phone calls.

I'm looking for some guidance from folks who have been to this rodeo before, and bonus points if you've worked with Western Alliance Bank...before I spend a couple thousand without results.

Maybe someone can help me understand Great now multiple that job by a couple hundred properties and hopefully that helps you understand.

Preferably 1-2 years.  

We plan on building on the property in a couple of years but may go ahead and clear the trees soon.  

Just adding a couple of things for you to consider to add to your research - Regarding the basis step-up, you're correct that under current law, your mom holding it until her death may allow for you to receive it with a full stepped-up basis, washing out all the appreciation during her lifetime. 

Some tenants prefer to pay with cash, money order or personal check and I allow that as well. 

Hi all, I have a property in Atlanta that was successfully rented out to the same tenant for a couple of years with no major red flags -- good credit score and stable job.