Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
You can then "gift" them the alcohol for staying with you.
McKenzie Stouffer
New STR in South Carolina
14 January 2025 | 1 reply
Rent goats to clear woods and create romantic lit walking pathRefinish floorsAdd modern master bathroomNew deck and firepit hangout area with hot tub and outside barand....STYLE!
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.
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
16 January 2025 | 6 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.
Jenna Schulze
Investing in College
4 January 2025 | 4 replies
You can also get a "gift" from a relative or join a program (ask the mortgage officer) on if there is a gift program you can join - similar to a scholarship.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
Transferring a property title later could be deemed a taxable gift if it exceeds the annual exclusion ($17,000 for 2024).
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Upon further investigation, I found several more properties under similar circumstances.At first glance, it seems possible that these properties were either gifted to the nursing home by former residents or claimed as repayment for services rendered.I’m new to real estate investing, I’ve been in the education phase for the past 2-3 years.