In my case, I took back a note for part of the sale price and basically gifted the down payment (that gift was large enough so I have to file a gift tax return, but no gift tax is owed).The entire transaction was straightforward and completely on the “up and up” from a tax and inheritance point of view.  

My parent's would have to file a gift declaration for 709 with the IRS.

I carried out the refi with my favorite bank and I can say that about 50% of the mailers had completely non-factual numbers (yet the general idea of the FHA Streamline product was reflected accurately) and about 50% was right on the money.

Sales also increased 13% at gas stations, showing that Americans got back on the road and visited their favorite realtives.

Hey all! Would love your input on some top books - business or real estate. Ideally these could align with scaling an out of state BRRRR business. I'm almost finished up with David's BRRRR book, and have Raising Priva...

So my relative is gifting me a property.

Had I heard of him before my deal, things may have went smoother so thats my gift to you.

Account Closed my  3 favorites are crystal ball, tarot and palm readers.

Internal lists are favorite lists.

Purchase price: $56,500 Cash invested: $38,691 Contributors: Manny Herron One of my favorite homes we've purchased!