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Results (10,000+)
Jason Burkart Gift money for family or buy a rental for family?
20 January 2025 | 7 replies
If you do place the property in her name, you've got a Gift Tax (Form 709) to complete. 
Victor Yang if i gift a house, is the cost basis what i purchased it for or the FMV?
20 January 2025 | 1 reply
Hello,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?
Bill Goodland Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
Hi all,Looking for your favorite way to build marketing list.
Travis Smith Using real estate for tax purposes only
1 January 2025 | 5 replies
and I gotta tell you it's really fun to get to see the impact of my legacy gifts while I'm still around to watch my children prosper.  
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.
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.
Adam Newman 10% down or 20% down???
20 January 2025 | 9 replies
@Adam Newman you will want to confirm this with the bank but you can’t take a loan out to borrow for part of the down payment so you’ll need to provide all the funds yourself or have a gift from someone for that which you don’t have.If you have a gift from someone to bridge the 20%, that would be ideal.  
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.
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.
Jeffrey Hill Trying to figure out how to buy a home from a friend with assumable VA loan
13 January 2025 | 5 replies
I don't think we are going to be able to come up with $50K before they're going to need to move and no, definitely no family members able to gift $50K.