A few month ago, I was going to buy a move-in ready rental property with the help of my parents lending me $10,000, but 2 different lenders said I could not use gift money due to the government guidelines. (Money can'...
Hello all! My parents have recently started showing interest in buying their first mobile home park. The opinions of those they are connected to seem to vary. Some say this is a great investment and others say that it...
Hi BP!
I was hoping somebody could help me answer who would pay the capital gains on my primary residence after selling.
Details:
-My name along with both my parents' names are on the deed
-I've lived in the place...
Hello, BP! I found about this amazing website just a week ago. I am thinking about getting a townhouse in Overalnd Park, KS area for my parents. Before starting so, there are some questions I want to make it clear. 1....
Hey everybody, first time posting and just now getting into RE investing. Looking to get a place for my parents that eventually turns into a rental property.
My parents currently own a condo that’s fully paid off th...
My wife and I have been approached by her parents about purchasing the house that she grew up in and that we live in currently. The property itself has an older two family building on the lot and then a newer duplex...
I *finally* have though capital for a down payment on my first investment property. I plan on househacking a small multi family 2-4 units in CO. I own my current primary resident but will not be renting it out (my par...
Good day fellow BP members!
Starting couple weeks ago I've been marketing my home for rent. (I've got a 3 unit under contract, due to close at the end of the month.. I will be house hacking there)I'm a first time sel...
My parents own a townhome as joint tenants. However, they want to transfer it to a separate entity (likely an LLC) for protection against liabilities and to start growing their portfolio. I *believe* that the IRS does...
Hi BiggerPockets Community! My wife and I have decided that real estate investing is going to be the wealth building avenue for our future. We are ready to purchase a duplex or triplex in the Midwest but need advise o...