Sade Davis
Possible Victim of Predatory Lending, Who do I turn to for help
My grandparents died back in 2012, a few years before that they refinanced their home (brought originally in 1982) into a 28% refinancing loan. When my grandparents died in 2012, they owed $40k on the loan. Today, the...
Dylan B.
Saving on taxes by splitting up property before sale
Hello,My grandparents are selling a piece of property for about $800k. Apparently someone told them that they could save on taxes by splitting the property between multiple people and then selling it. I guess the logi...
Daniel Bither
Property transfer & taxes
I have a question about a property transfer and taxes. To sum it up: What I’m trying to accomplish is to gain ownership of a home without resetting the property taxes to their current value. The story: My Grandparents...
Horacio Gutierrez
Children under age of 18 inheret home with loan
Hello,
My co-worker brother and wife passed away in car accident leaving a baby behind. His brother had a trust which give one of the grandparent custodian to manage there boy assets until age of 18. They are wonderi...
Lee Bailey
Deed/Title Recorded after Death...?
Talked to a seller today, and her exact words were: "I have been advised by the title insurance company that because the deed for the property from my grandparents to my uncle was recorded after their death, I need to...
Zariyan S.
Remodel inherited rental property or pay student loans?
hello,I'm 25 years old. Income is about $4,200 a month after taxes. After contributing to 401k, car, helping parents I'm saving $1500 a month.I have $20,000 in student loans.$8000 is at 4.4%$12000 is at 3.6%I have be...
Michael Cabaña
Trying to purchase grandparents' home and avoid capital gains tax
Hi BP,My uncle wants to sell my grandparents' home in San Jose, CA. Is there a way I can purchase it from him and avoid the 40% capital gains tax? Someone mentioned possibly using a private loan to pay him and he "gif...
Account Closed
Brainstorming on the plane
Hey Bigger Pockets! I recently found about this awesome site and the podcast. It made me realize it is all possible. Thought I would put up my plan just to get advice and track my progress with community. Im ...
Todd Romero
Cant Find any Info on Grandparents Home
About 3 years ago My Wifes Grandmother died, and her home has been left empty. I contacted the county for info on the lien holder and they have no info at all. The only info the county had was taxes due. The children ...
Tina Nicastro
Acquiring my grandparents' home as first investment
Hi all - I'm a total newb in REI. I've been reading a lot and listening to a lot of podcasts. And I'm really excited about the possibilities available in real estate, especially over the long term and in building gene...