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Results (10000)
Greg P. Am I able to do this as a Tax Deduction?
22 July 2012 | 2 replies

Hello, currently I am living with my parents and brother in our house. The house I bought with my company name and I am looking to move out soon. Am I able to put my parents on a lease and then receive some sort of...

Roxie Samaniego Flipping houses with investor money
1 September 2019 | 1 reply

I have a question I’m trying to wrap my head around. I have a client that has a parent company that flips houses. An LLC collected private investments to invest in the parent to pay for the fix and flip in order to ...

Mark Neiger Pulling farm land equity for down payment
25 October 2014 | 1 reply

I'm still in the research stage of moving into multi from my current SFR strategy. Little equity in that currently. My parents own 100 acres of farmland. They are in their 70's and the property and house will be wille...

Kevin Lanphear Living Revocable Trust - what do to with my parents primary home in case of death?
24 April 2023 | 1 reply

I heard about having your parents put together a living revocable trust so that their stock/retirement investments and primary home can be easily handed over to their kids if they die. I also wouldnt be wanting to liv...

Account Closed 721 Exchange with Inheritor-Run REIT
2 June 2022 | 0 replies

I am hoping to learn about any restrictions there might be related to a property owner (my parents) performing a 721 Exchange with a REIT that my siblings and I create. The goal here would be to separate my parents fr...

Jeremy Lee Tax implications gifting a 1031 property
24 April 2019 | 19 replies

Hey all,I was curious about tax implications regarding the condo I live in (primary residence since 2007) that I co-own with my parents (1031 exchange). They had a prior property that they 1031ed into this condo (and ...

Jeremy Dugal Lease Breaking
26 July 2016 | 15 replies

Hello. I have some tenants under a 1 year lease who decided to up and leave today essentially breaking the lease. They were four months into their lease at $750/mos. These are college students. I politely sent them a ...

Dennis Nemitz Screen them all?
20 January 2014 | 4 replies

I have a young couple that wants to rent an apartment from me. They have told me that they have no real credit history because of their age. I have asked one of their parents to co-sign with them. My question is, s...

Brit F. SDIRA LLC - Thank You, BP
2 September 2018 | 3 replies

Just wanted to say thank you to the BP community for all the great info about SDIRA LLC.  About a year ago, I became POA for my parents and took control over their traditional IRA, and at the same time, they moved to ...

Brandon Rabe Need some input on helping out family
5 March 2020 | 3 replies

So here’s the situation, my parents are financially strapped and are considering selling their home to me so I can rent it out to them for less than what they’re current mortgage payment is. I’m not so interested in b...