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Results (1419)
Account Closed Tax on gift from foreign person
12 August 2019 | 1 reply

Hi,My parents are looking to gift me and my sister some money this year. I did some research into the rules on taxation for gifts from a foreign person and wanted to confirm my understanding (given innumerable loophol...

Troy Durrette Ever heard of Gifting Equity instead of cash? ?
24 January 2016 | 3 replies

Senerio:Property owned free and clear, want to sell for $65k (valued @$75k) to family member with limited to no cash for down pmt. So I contract for $50k, they submit contract and gift letter to lender. Is this possib...

Daphne V. What are the best realtor closing gifts?
11 February 2023 | 46 replies

I know showing thanks to clients with a closing gift is a traditional way many real estate professionals seal up a transaction. A closing gift not only serves as a special treat to your home buyers and sellers, but it...

Richard Warren A Little Election-Eve Levity
4 November 2008 | 3 replies

Here is a light hearted look at things as this election is almost over...finally!

Why did the chicken cross the road?

BARACK OBAMA: The chicken crossed the road because it was time for a change!
All the chickens ...

Ali Qudsi Minimizing tax paid on money recieved to buy a house?
6 December 2017 | 3 replies

Hi Guys, I was hoping someone might guide me in the right direction. To make a long story short a relative has given me and my wife a large sum of money as a gift and we want to use this to purchase our first Condo/ho...

Nick Rutkowski Gift Baskets - Make Someone Smile for the Holidays!
13 December 2019 | 8 replies

Just a creative idea my girlfriend came up with to make people smile from ear to ear, especially for the holidays! A gift basket. This year, we made baskets for our banker and our lawyer for helping us with our trans...

Sandro Hagenbuch Foreign Gift Tax in New York?
7 April 2017 | 5 replies

Hi all,My wife and I are looking into buying our first home and have the following question for New York City (where we currently reside) / Jersey City, NJ (where the property is located) :- I understand that it depen...

Asa Ifill ISO North Alabama CPA
16 December 2021 | 11 replies

Hello BP, 
I am in search of a CPA in the North Alabama area that can answer several questions for me related to Capital and Real Estate.
One question in particular is that I was gifted capital for a renovation on a...

Cam Smith My mom and dad who I invest in real estate are getting a divorce best way to proceed to avoid capital gains?
16 June 2013 | 10 replies

Hello all, we own two rental properties in Nevada and a house in California with no mortgage. We inherited the house when my moms parents passed away back in 2008. My parents are getting a divorce and mom wants to ta...

Maranda Tucker Welcome Home Gifts for tenants?
29 December 2022 | 6 replies

Do any of y'all leave a welcome basket of some sort for your Long-Term tenants? My team and I are wanting to add a special touch (outside of the 2+ inspections / year we do) to let our tenants know that we care for th...