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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...