It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price 

. - Thought you might want to check out my response to this original post too. 

Similar to what Patrick stated - most have ITINs and have seen a lot of loans like that and those are sold many times on secondary market. if not I know people who still originate I would say they are tougher to sell on secondary market but there are still buyersRe: jay comment - price of notes has doubled over past five years on many loans - especially defaulted or loans with some hair too them. 

Originally, I felt limited by conventional lending DTI.

Originally posted by @Dominic Battaglia:@Marko Agbaba Ive been looking into student rental primarily, still a learning curve and looking for the right deal but I'm hoping to jump in soon before I transition jobs!

I had just mastered the original deal analysis and was getting comfortable analyzing deals.  

Originally posted by @Deborah Burian:Ok, I wasn't spamming (I don't even sell anything I could spam) but I was pasting a "hi" message to new members THE SITE RECOMMENDED TO ME.

Originally posted by David Taylor:Originally posted by @Steven Hamilton II: Originally posted by Tony Bc: We (husband and wife filing jointly) are looking for a CPA.

Curious if any General Contractors have recently originated commercial general liability insurance and build units that are sold as Condo/PUD's.

Originally posted by @Andrew Lastivka:Hello, I am a new STR investor and looking for an agent in Central, Ohio and Fort Lauderdale, FL, and surrounding Phoenix, AZ area who specializes in STR's that can assist in buying properties and/or rental arbitrage.