Fine with paying normal CA operating taxes and reg as long as it's once per year not two hits. No active business in WY. It's exclusively for holding purposes for anonymity. If I use this structure will I pay $800 fee...

Three years ago my wife's father bought her a townhome for 250k cash. They are both listed on title of the property and my wife has been using it and paying primary residence taxes on it. I got a new job out of state ...

Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...

Had a question about what the IRS requirements are to establish a permanent residence. I have lived in my parents house for the 2 years I've been out of school and I am not paying rent nor am I on my parent's mortgage...

I have read through read Voss v. CIR, the memorandum for Inspections of Sections 469(g) and 121, scoured the web, and have attempted to find an attorney/CPA with no luck to help me answer a the question stated below:I...

Hello!
I am purchasing an investment property for my elderly parents to retire in.  My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...

Roy here,Been looking the US real estate for a while now.With Fed looking to increase the interest rate, seems it is a good time to buy and hold the property.Would like to know if biggerpocket community could provide ...

Hey all,I live in a condo here in Southern California that I co-own with my parents as "Tenants in Common." They had a cabin property that they rolled over via 1031 exchange into this condo back in 2007. I put a small...

I had to purchase my primary residence with my parents credit, at the time I couldn't get approved. While I know it does not matter I paid all the closing cost, down payment, taxes and mortgage payments each month...

I am ready to start my journey in real estate in buy and hold field. My wife and I live in a house that my parents own and pay them money for the mortgage (not calling it rent as my parents aren't profiting from me). ...