Christian Lautenschleger
Establishing a Plan at the Beginning
18 November 2013 | 8 replies
I suppose perfectionism can be a gift and a curse.
Jon C
Second home for us, rental for the kids
19 March 2014 | 6 replies
They said it would have to be documented as a gift but it's not an issue.
Matthew Louks
Amazing Deal: How do I set up?
26 September 2014 | 4 replies
Could be a tax issue for your relative since the IRS could consider it a gift and you might have to pick up the interest as income.
Michael B.
legal ??? buy real estate from family member and sell at loss
25 January 2015 | 6 replies
If your parents carry the note and will it to you when they pass- that is a gift and might be subject to tax.
Account Closed
Taken less seriously due to age?
22 June 2015 | 11 replies
Just 23, I was gifted money by my grandparents and lent money by my parents for a deal that I closed on earlier this year.
Rich Harris
FHA Purchase using real estate commission as down payment?
5 September 2015 | 9 replies
A family member entitled to the commission may also provide it as gift funds to the borrower.
Annette A.
Inertia: Getting the ball rolling (NEWBIES)
10 December 2015 | 37 replies
All of us are gifted with different talents.
Matthew Pinkston
Moving beyond 4 mortgages from 6200 miles away (with my Brother)
29 December 2015 | 24 replies
You can possibly gift the funds to him, but I am not sure if this will create a tax issue.
Ken Wicks
Partnership for a deal
4 November 2016 | 3 replies
They said something about a gift but is there an easier way to do this?
Andrew Smith
Money for down payments
28 November 2016 | 20 replies
Money that was a gift from family member or an investment from a partner will not count towards your total, so that's not really a viable way to raise money if you are doing conventional financing.If you are going to get a commercial loan, then all the rules change, and you'll have to check with someone with more experience with that side of things.