We don't have kids (might in the future), my husband and I are young and healthy, have stable high-income full-time jobs, and just put in a lot of work to both properties so don't expect huge expenses in the near future.

Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financial freedom plan. 

Having a co-signer doesn't feel like that at first, but you can't predict the future.

Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.

4.Tips to avoid similar issues in the future?

If interested, DM me and I can connect you to the organizers so that you are aware of future meetups.

My ultimate goal is to become successful with my real estate investments so I don’t have to rely so much on my job and be able to spend more time at home with my soon to be wife and future children.

I can share more insights in the near future, but I believe it also assists with estimating flips.

This exact strategy could change that person's entire future!

Hello Mason.I am looking to invest in the Knoxville area in the near future and would be interested in any recommendations you may have.