Jordan Brenner
Can i be gifted money for a downpayment
I have a signed purchase contract for my first 4 plex. I will be going in on the deal with a few other family members as i don't have the cash for the 25% down-payment that is required. Is it possible/legal for them ...
Josue Vargas
Silly question, which book (as a gift) for new tenant to read?
Hello BP!I will be in the process of renting my new property (Class A/B SFR) next month. What things do you give as a gift and Welcoming package for new tenants (if any)?I was thinking to buy a nice book with tips for...
Logan Jamieson
Annual gift exclusion
Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative. I have the opportunity of a parent who has...
Alec Barnes
As a PM or Landlord, do you leave a move in basket/gift for your tenant at move in?
Hello Everyone,I am considering leaving a gift or a couple items for new tenants upon move-in as a gesture of appreciation and goodwill. Have any of you included a gift basket or welcome kit for your new tenants to be...
Karin Crompton
'Tis the season (almost)! Contractor thank-you ideas?
I know this has been touched on in the past, but things change year-by-year and I thought I'd bring it up again.
I'm looking for ideas on holiday thank-you gifts for contractors - what kind of gift do you pur...
Nick Rutkowski
Home Imporvements
Hey y'all! So my parents want to do some home improvements so they can have their house ready to sell in a few years. They're planning on taking out a loan for 15k for total expenses. I want to know what would be the...
Eric Bailyn
Gifting Single Family Residence to Son: Any tax implications?
Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
Michael Goodman
Giving your tenants a cash gift at the end of the year
I have 1 rental property that I've had for about 4 years now and have had the same tenants the entire time. They started renting the place in November 2012 and in December of 2013 was the first time I gave the cash. A...
Bryan Hancock
Cardpool.com - Purchasing Materials With Discounted Gift Cards
So I noticed I can get a 7% discount on The Home Depot cards here today:
Home Depot Discount Gift Cards
Does anyone use cardpool? Are there other sites I can buy discounted cards at with a bigger margin? I would l...
Nghi Le
Best Way to Gift Property to Family to Avoid Taxes
My brother-in-law has a primary residence (with no mortgage) that he may want to sell to us in the future (and we want to rent it out or do AirBnB). However, we want to minimize taxes for him and for us. Currently h...