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.

He is now in rent up modeand is at 20% occupancy after 3 months during the slow season.

You want to make sure they are properly installed and you don't want tenants moving large appliances in and out of the house as it will cause damage. 

Island. nothing installed in your island. 

Gutted the floors myself and installed new subfloor and new flooring on entire first floor.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

He was pay ed to install a AC unit in my home and disappeared  he refuse to answer the phone calls texted massages he stole my money and won't respond 

Trust invests the cash to make the payments on the installment sale to the seller.

If so, were permits pulled & were they installed by a professional5.Are any of the homes rented to students6.Is there a flat roof7.are there asbestos shingles8.

We tried having the smallest washer/dryer installed, but the install team couldn't make it work.