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Hi everyone, The house down the street from me is vacant. I contacted the son of the previous owner and he would love to sell the property. Property is in a great side of town and has good bones. Unfortunately him and...
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My understanding is that a sibling is not a disqualified person. So with that, I am wondering how/if I can buy a property with my SDIRA from my sister that she bought from my grandmother. She did not purchase it us...
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Hello all, Interesting scenario where I'm curious what the tax implications would be. Sister puts house in her name for a sibling, lives in it for the first 3 years, then moves out. Sibling continues to pay mortgage f...
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hi BP
i have a quick question:
i have a couple llc for my units, but they are owned by myself only. and taxed through our personal tax.
I'm working on a scenario now.
if i go into partnership with my sibling (NY) ...
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Hello.. This potential deal is taking place in Dallas tx. There are 7 siblings and the one that's incarcerated doesn't want to sell. Can I purchase the other sibling's property shares? There is no will, no probate. W...
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I own a Commercial Property with my sibling. We will be 50/50 partners. My sibling owns a separate business that I am not involved in. That business has rented within the building, we now own together, for the last 20...
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Hi all; first time poster so I apologize for any faux pas.Basically there is a family house that is being inherited by two siblings. I would like to buy out Sibling #2 who would like to get a lump sum. We are all clos...
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Hello BP!What would you suggest that we do in this situation?....We are set to close on a fix and flip property on 8/3. The property is currently in a trust. The owner has passed away and the successor trustee is now ...
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Hi BP!
I'm asking more for a friend who will be "inheriting" his grandparents property (or in this case more debt). I say this because he cannot sell the property which also is in need of repair and he has to pay ou...
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I'm looking to pair up with my sibling and invest in a rental property in Dallas area, my sibling lives in Plano area, want to get around this area so it's easy for monitoring.I'm not from Texas, so I do not have idea...