Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5148)
Tyler Smith Buying a home for a friend and leasing to own
20 October 2016 | 2 replies

Hi BP,

Unique situation I suppose but I have a very close friend that went through a difficult time when the market crashed. I don't want to get into specifics but he has plenty of cash. We are very close friends/bu...

Salvatore Trapani Transferring Members of an LLC - Tax Consquences
18 November 2019 | 2 replies

I'm currently managing a commercial (15-unit residential) building in the Bronx, NY that is held under an LLC by a 100% sole-member.The member is looking to fully transfer the corp. stake to a family member, making th...

Jesse Harris Has anyone had their Due On Sale clause inforced?
10 February 2019 | 3 replies

I have heard horror stories about this happening in 08. I am just wondering does it happen often now? When you try to put personal holdings into an LLC or land trust.Thanks in advance.

James Gamble Looking for RE friendly CPA in California regarding Capital Gains
24 July 2022 | 0 replies

So I have a somewhat unique situation. I was gifted a home from my mother. It was her primary residence. She gifted to me at which point it was then my personal residence, I did a partial cash out refi but now am sell...

Jon Christensen Loaning money to parents to help complete their cash offer
16 July 2022 | 5 replies

My parents are both retired. They recently signed a P&S offering cash for the house across the street from my sister with a 3 week closing (fast!). To come up with the cash that quickly they have to pull money out...

Allen Lopez How is it that I can’t get a loan?
24 April 2019 | 5 replies

Hello BP, I have a headache from trying to figure this out. So last year mid summer I sold one of my town homes, it was fully paid off so I ended up getting some cash around 95k. The money sat in my bank for a while (...

Jane Kai Can a family member pay off my mortgage?
19 April 2021 | 2 replies

A family member pays rent on my investment property and wants to pay off the rest of the mortgage  via a personal loan. Theyre not on the loan or title. Is this possibile?

Robert Seger Gifted Estate - Tax Question
27 October 2018 | 4 replies

Recently, my aunt did a quitclaim deed to my name. She owns half the property along with a partner she had. My name is currently on the deed instead of hers and her partner has offered $15000 to buy my half out. Will ...

Luca Mastrangelo New Loan for non-married couple - pros/cons?
15 May 2016 | 2 replies

Hi Everyone, my sister and her long time boyfriend recently moved to NC and are purchasing their first home.  She is qualified for the loan by herself and he is currently in the process of changing jobs so is currentl...

Will Reynolds Down payment help from a parent vs. co-sign mortgage?
8 March 2019 | 4 replies

If a generous parent wanted to help out with a first property, can/should they co-sign the mortgage? Or if it is down payment help, is there a particular way banks like to encounter that? Does it need to be seasoned, ...