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Results (3078)
Anthony Greco Gift Equity insights
4 May 2022 | 1 reply

Hey everyone, my aunt is selling me for house for me to turn into a rental property. A mentor suggested her gifting equity to me instead of just selling it for a lower price. This way I’ll immediately have equity as w...

Nick L. Gift giving to an appraiser?
14 July 2017 | 6 replies

I just had a bank-ordered appraisal done as part of a refi. I was extremely happy with the results. The appraiser has valued some of my other properties in the past, and I've always been happy.I'd like to give him a g...

Dante Barnes How to avoid paying taxes on received capital
13 September 2023 | 9 replies

Hello everyone, I have a question. I am about to receive $100k from a family member for the sole purpose of real estate investing. With the money I plan on putting down money on a multi unit. my question is how do I a...

Chien Chen Tax consideration for Non-US citizen transferring US property to US citizen
15 April 2023 | 2 replies

Hello BP friends,
My mother in-law (Non-US citizen, Non-US resident) owns a SFH in Los Angeles, CA and would like to transfer the property title to us. We plan to use the property as rental home instead of primary re...

David Wong Gift property or sell property?
10 October 2021 | 3 replies

We are helping  my parent-in-law to buy a new house. They own a Townhouse now. We want to take over the Townhouse as a rental property.The plan was I buy the townhouse from my parent-in-law, and they take the money to...

Liza T. Jones Free and Clear home given to me
21 May 2020 | 4 replies

Hello All, While real estate had been always been on my mind, buying or investing sometimes felt like a good idea without a path of action or my life was too crazy busy.  Nevertheless, my parents have a home and as my...

Kyle Cortez How do I "buy" my parents' business?
6 December 2017 | 9 replies

Without being too specific, here's the scenario for a friend:A young college student wants to buy an investment property; it's a small apartment building with 11 units. Since it's over 4, a commercial loan is required...

Michael Weis Receiving 100k as a gift
20 February 2018 | 12 replies

Good Morning, I have someone who will be helping me get my journey started by gifting me 100k.  I know they are responsible for tax forms on their end.  What's the easiest way to receive the money?  Is it as simple as...

Sami Ibn Jamil 25 M earning 70k wants to invest on first property
10 October 2023 | 8 replies

Hi guys, im a new grad 25yo M, living in Milton and working in Guelph. I earn about 70k per year. I am interested in investing on my first property. Any suggestions how do i start with? My current rent is about 1200, ...

Fred Rivers Tax Question: What is the $500 per month payment to my parents?
12 February 2017 | 5 replies

I was gifted a house from my parents worth $50,000. I agreed to pay them $500 per month up to $7,660 to cover the money that they had tied up in the property for previous improvements. I rented the property for $600 p...