I'm looking to purchase my first property in the very near future. (Duplex househack in North Jersey) I have 5% of the purchase price saved up + enough for closing costs, immediate repairs and reserves (roughly 5 mont...

Hello all, I’m a super newbie here. I’ve been trying to brainstorm for ways to get into the investing world. Here’s my situation: My parents want to gift us a house with a budget of $1M- $1.2M. They will purchase and ...

A family recently sold a duplex and purchased a new duplex using a 1031 exchange.  They would like to transfer ownership of this new duplex to their son.  Would this affect the validity of the 1031 exchange and theref...

Currently living in Miami, Florida and looking into getting into real estate investing.  Married about 2 years ago and moved in home with wife who already owns her house outright.  To start our jump into real estate i...

I’m getting presents for tenants tomorrow. Any idea on what would be a good gift or what you folks usually do if you do that?

Our company is going to send out a small client gift around the holidays as a way to say thank you. Open to ideas of what people would be happy to get from their property management company? Only thing I can think of ...

Hi guys,
I have a single family property that has been and is currently used as a rental, but was gifted to me by a close family friend years ago. It currently cash flows $200.00/month, but that is without a mortgage(...

Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes?  I had never heard of being taxed on a gift (silly me).  I was originally going to use the gift a...

I'm new to getting loan for my investment property. Recently signed a contract to purchase a duplex in TX. Most of my downpayment is in stocks. My family member gifted me a lump sum of money (because I want to keep se...

Hi everyone! Looking for advice on how to save on taxes. Thanks for your help!!

Situation: Purchased a piece of land in NY this year with 3 people (Dad, Uncle, and I). We paid for the property by taking a HELOC on ...