Are you doing anything for your tenants over the holidays? Any gifts? Holiday card? Etc... Or nothing

Hello BP Community,My father-in-law would like to gift my wife and I his cabin.  He doesn't care what we do with it (keep it and enjoy it or sell it).  He owes on his mortgage about half the value of the cabin.  We wo...

I have seen a few articles on BP about gift giving at Christmas time. I have some great tenants and others maybe not so great. I want to give all of them a "thank you" gift at Christmas time to show my appreciation fo...

What would be the costs associated with gifting a fully paid off house to your children? I know that you would have to file a gift tax for anything over $14k in a year, and if they were to sell the home they would pay...

Is it true that you cannot use gift money as a downpayment on an investment property? I am being told by my lender that underwriting requires money in your account for 60 days. Is there anyway around this?

Hi BP,
We all know the stress that 2020 has brought upon us all. I wanted to get a small gift for tenants. Something that just says thank you for hanging in there and things will be better!Let me know any ideas you...

Hi everyone, I hope this is the right place for this question, I found a few posts somewhat similar but I'm still a little unsure. I recently started a RE holding LLC with my brother because my grandmother is giving...

Have any ideas of what I can provide residents of a large class C apt community? I'd like to give them something nice and unexpected. Some parameters I'd like to stay within: - no rent concessions- ideally very inexpe...

Hey everyone,

I would like to know if you can use gifted/borrowed funds as part of a downpayment for a homepath investor loan?

Thanks,

Great site by the way, I wish I had discovered it long ago, look forward to rea...

Is transferring a rental property from husband/wife personal names to husband single member LLC a taxable event? Thanks