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1 April 2024 | 3 replies
@Gavin Jex seems like they are trying to help you out, but exposing you to tax issues.As @Chris Seveney already pointed out, one of you will be taxed on the 0% interest loan as a "gift".The other issue is that you will get the property at $170k roughly, and then be exposed to capital gains of the difference between that amount and the market value.Highly recommend you speak with an Estate Planner for possible better options.
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1 April 2024 | 2 replies
Most states require a licensed agent to show a property they don't have ownership in.So, your options:1) Find someone here on BP to illegally help you.
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1 April 2024 | 3 replies
I saw two options but I don’t know how the neibourhoods are.
2 April 2024 | 24 replies
I am happy to help you but I have a lender that I use where clients pay $8k for a property and put 80k in it for $150k ARV so there are lots of options for value add.
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1 April 2024 | 22 replies
Hey Jon,There are optional registrations that people can acquire, but I'm unclear if I'm legally able to request them.
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1 April 2024 | 20 replies
The Midwest but specifically Indianapolis would be a great potential option for you.
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1 April 2024 | 2 replies
The ZenBusiness Premium package and the local attorney are the two options I'm most strongly considering, given that they offer the most comprehensive services.On one hand, ZenBusiness seems like a streamlined, cost-effective way to get things rolling, especially with the added features of the Premium package.
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30 March 2024 | 25 replies
I like to get more options, current trends and pros/cons to start with investment .
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1 April 2024 | 7 replies
So many options here the home itself is not worth much but because the lot has a very low rent. less than 800. when all others in the park are going for 1200-1500.
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1 April 2024 | 10 replies
To clarify, if I turn my primary into a rental and buy a second primary, then I have the option of doing a section 121 on either property?