Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
21 January 2025 | 6 replies
Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?
Jason Burkart
Gift money for family or buy a rental for family?
20 January 2025 | 8 replies
If I bought a 55+ house for her now I would most likely pay cash for it.
Adam Newman
10% down or 20% down???
20 January 2025 | 9 replies
If you don't intend to do that right away then do the 20% and save the extra cash flow.
Noah Laker
TAXES: Divorced client wants to sell
17 January 2025 | 3 replies
Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.
Caryn Fischer
Tax question with selling a house
14 January 2025 | 3 replies
Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.
Patrick G.
Calculation about cash on cash return
9 January 2025 | 5 replies
What you have calculated is not cash on cash return.
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
21 January 2025 | 4 replies
You'll want to make sure it cash flows each month.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
Cash available: 100k
Justin Fondren
First Property Steps To Buy
19 January 2025 | 7 replies
Get some gift funds to help with the down payment if you can.