My dad helped me out on remodeling my home for free and I gave him a nice gift at the end of it.

Gifting, allowed under the IRS still has a 3-7 yr contemplation rule as to disposing of assets in other areas, usually the house is exempt, I'd ask the attorney about any estate angle and it might be better to have both on title and then give you the house over a period of time.Since it's a cash transaction, there really is no difference other than showing where the funds came from if you buy.

Accept my requestrequest accepted, hit me up anytime.I love going to property tax sales, like opening up gifts christmas morning.

To them, it was just temporary housing...and I was just the owner...nothing more...I even bought them a gift for Christmas (only $20, but still...)

The easiest approach, I'd guess, would be to open 5 or 10 inflow accounts at a time, so that you have spares and to save 9 future trips to the bank for this purpose.

You could form other types of partnerships, but the LLC would probably be the easiest and cheapest way to go, don't know in your state, but the birddog needs to be a principal, taking an interest in the deal.

Your last question is the easiest.

Now they get money to cover moving costs and in some cases 10K-20K as a parting gift!

I never ended up purchasing it, nor any other product.For now, I maintain multiple Excel spreadsheets and find it about the easiest to continue along the path I'm using.

In the case of real estate, the easiest, most efficient method is all-cash.