Nathan Gesner
What kind of welcome gift do you leave for guests?
What kind of welcome gift do you leave for guests?We're trying to think of a custom gift that fits our retro vibe. You can see the rental below to get an idea. Any other suggestions?https://codylodgingcompany.com...
Jimmy H.
Using RE to bypass inheritance tax
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...
James Smith
How to appear 100k Gift to invest in RE
Hello Folks,
I wanted to seek advise from the savvy investors here at Biggerpockets.
My father, who lives overseas, has 100k in US dollars that he would like to give me as a gift for me to invest in Real Estate. M...
Jason W.
Eager to Get Started - Sell or Rent Home
Hi All - My wife and I have been gifted a home that appraised for $250k. With this great and amazing gift we are trying to decide the best course of action for us to get started in real estate. We know that if we want...
Kevin Brown
How do I use cash to cover my partner's equity?
I'm planning to partner with my son when he turns his current house into a rental. We'll be 50/50 partners. If he has 50k in equity, how do I legally get 25k to him to cover half the equity and not trigger a gift ta...
Tariq B.
No more Lowe's Gift Card Loophole/Discounts
Hello all, So some of you may or may not be aware of the practice of buying second hand Lowe's/HD gift cards online in return for a little discount. It was something I started to do every now and again. Didn't see muc...
Doron Rice
Lender doesn’t allow down payment money to be a gift
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
Alex Corbishley
Gifts for tenants this year
This year more than ever we thought it would be appropriate to give something to our tenants. If you paid on time all year and had been with us since Dec 2019 we gave them $100 gift card to a local business. Half th...
Dina Harleth
Pay 0% capital gains on sale of house?
Hi everyone,
I am trying to figure out my best option for a house that was gifted to me while my parent was still alive. It was mentioned to me in a previous thread that I could pay 0% capital gains if my i...
Danny Kresty
Gifted home for investment property
Hello everybody, my name is Danny I am a new investor in the making. I have question. The home my wife and I live in was gifted to us. We have been living there for 8 years. Being that our house was gifted, am I allow...