Rich C.
Tenant Screening - State Tax Lien
I have students applying to live in an apartment and their parents pay. One parent is paying the bills and has a good income from a business and investment dividends/annuities, but their credit shows a state tax lien...
Dan Schalk
Buying property for In State tuition
Hey all,I am buying a house outside of Waco TX in my daughters name so she can get in state tuition. The plan was to buy a cheap house and sell it and carry the paper so I wouldn’t have the headache of being an out of...
Luke Babich
Retirement - Avoiding Capital Gains Tax
Hi all BP members, My parents currently own an investment property that is fully paid off. They are currently planning for retirement and they would like to sell this property in the coming years. It is not their not ...
Aaron Raymond
Capital Gains Tax for primary residence
My parents are considering selling their property that is paid off, and the estimated value is probably around $400,000. They want to down size to a property worth $250,000. Will there be any capital gains tax assoc...
James Lee
Home Sale Gain Exclusion - Qualification When Transferring Title
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
Carolina E.
Gift of Equity from parents
In October 2012 I was placed on title with both my parents. I currently live in the residence with my mother. It will be my primary residence. I will be refinancing and removing them from title in a month or two.
...
Dan Chipps
SFH into THREE 4 plex's. Not your typical investment!
Investment Info:
Single-family residence buy & hold investment in Puyallup.
Purchase price: $123,700
Cash invested: $37,000
Parents gave us kids money to go to college, I knew I was joining the m...
Steven Catudal
Help getting a loan in US while living abroad
My parents are currently living in Germany but want to buy a property in the Panama City, Florida. They plan to rent it out until they are ready to move back to the US. Their current income is in Germany but they file...
Beryl Colbert
Advice? Buying my parents’ St Pete, Fl home
Hi! I need some advice. My parents are planning to sell their home in St. Pete, Fl. This house is a GEM in a great neighborhood where homes are consistently going up in value. Starbucks, marina, lots of activities, et...
Anson Fauchier
House Hacking Through College
Hello everyone!
I am an 18-year-old student who wants to start a career in property management. My long-term objective is to establish a cash-flowing business using the BRRR method (Buy, Rehab, Rent, Refinance, Repea...