I'm adding my brother to the property deed through a grant deed. I purchased this property back in 2011. My name will still remain on the property deed now will this recorded deed with the County trigger a property ...
My parents bought a house 10 years ago before the bubble. They bought it for $180k. They rented it for 10 years. Now they sold it for $195k. What is the capital gains?
Hello BP, I am very interested in househacking while in college I have started researching properties and have questions on how to turn the house hack into a medium term rental property for other college students. Whe...
Hi:Question for the group. Can a parent-in-law can lend to a SDIRA (non recourse loan secured by a property)? The sources of the funds are not IRA funds but regular accounts.Do you have resources or recommended la...
Hello-
I am under contract with 5 siblings selling their parents house. The parents are deceased, and the house has gone through probate.
I am also under contract with a cash buyer. Upon running a title report, a pr...
My brother and I are investors in Illinois looking to purchase a multi family with one of the occupants being our parents. Since they will be living there, could they buy the property and put it in an Illinois land ...
I had a good friend ask me this question today and I was not sure on the answer. Before I call our tax advisor to help my friend I would love to hear from the wise people of BP on the Issue. My friend bought a vacatio...
One of my friends recently asked me for advice, and I want to make sure there's not something I'm missing or a better option for him.
He and his wife are renting a property that his parents own. They are paying $1,1...
Hi all,my parents own a mountain home in North Carolina. Several years ago when a new survey was done on their property and the property next door, it was revealed that my parents propane gas tank (which was already i...
Parents built a house in the 80s and just built as they went - no record of what they paid. Parents deeded over property my sister and I in 2013. I renovated and started renting out 33% of the house in 2014. I have th...