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.
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!”
Matt Whitney
Dad forced into retirement early with mortgage & struggling
17 February 2021 | 25 replies
Your dad has to gift you the equity in lieu of a down payment.