If she gifts the home to you, you inherit he cost basis and owe all the taxes.

It is the easiest way that I've seen to do your own bookeeping for rental real estate. 

Caulking a bathtub for a plumber is the easiest job he could charge money for, short of charging to lite a pilot light on a furnace or water heater.  

While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

Easiest project we have ever could do.  

Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.

BTW, the easiest way to find out about TDR programs in your state is to Google "TDR" and "(your state name)".

Most cities have regular real estate meet ups for investors which is often the easiest way to meet local flippers.

Easiest way to do so would be to go to the top of this page under AGENTS and then answer the preliminary questions they ask you.

If you only give it as a gift, it will be considered a gift.