Jeffrey Cervi
Passing real estate down to kids
22 November 2017 | 9 replies
In the past we have 'sold' properties to our kids & then hold the financing at the current AFR.Admittedly the majority were high income investment properties (rentals/lease to owns etc).We have always documented gifting over the years so they can prove the source of the down payment(s) especially if we them at a Tax Lien auction.
Jack Barnett
How old were you when you started investing?
25 October 2016 | 24 replies
My parents set us up with our first investment buy/hold as a wedding gift, and that is when my journey started at 24.
Dominick Hayes
Finally!!! A place where I belong...
30 April 2015 | 15 replies
Being brand new is a gift and a curse.
Mike M.
Where to hang license as a part time investor?
25 August 2020 | 12 replies
The ability to own part of the company (via stock) at market discounts and in some cases, gifted to you for accomplishments, the ability to get our entire $16k broker commission split cap back via stock from performance, and several other financial reasons is what led us down that road.
Gordon Starr
Should I hire my own kids to work for me?
22 December 2020 | 34 replies
Don't look a gift horse in the mouth....The minimum amount that you can earn as a contractor before having to pay Self Employment tax is $400.
Kevin Lehna
overseas co-signer anybody done this before?
3 February 2019 | 6 replies
I am currently in a situation that a young girl who is living here going to school and working has no credit, and her parents gift her a large sum of money every month.
Tina Jenkins
Mixed Use Residential & Commercial Building For Sale
13 October 2022 | 1 reply
Purchase price: $120,000 Cash invested: $400,000 Sale price: $300,000 5,000 SQFT 2 Story Historic Brick Building. 2 Apartment newly renovated. 1 Gift Shop, 1 Restaurant w/ Bar, 1 Office area, All Restaurant and Equipment included plus tables and POS system.
Phil Bottfeld
My first buy and hold
25 November 2015 | 32 replies
They they are going to "gift" us back cash in their equity payout for those renovations.
Ben Rutkevitz
Paradigm Life, Infinite Banking, Whole Life Insurance
10 January 2023 | 134 replies
Although some people think it's creepy/morbid to get life insurance for your kids at young age...I'm now seeing the benefit of passing on such a gift...though arguably, that same money could have been invested into a rental upon his birth as @Brandon Turner has written and talked about a lot...still...for those people who can't qualify for rental home loans when their kids are young...investing into certain whole life policies beats a savings account in my opinion.
Account Closed
How To Strip The Most Equity - My Dilemma
12 December 2020 | 85 replies
Are you the guy who invented “I’m not buying the weed, I’m gifting you the weed and you are gifting me money, it’s two separate transactions!”