Marcus Brown
85 Year old Parent / Passing property On ( Tax Questions)
Should a parent give your children Real estate as a gift for tax purposes or sell it to children for $100.00 Whats the best way to handle a situation like this.
Sherry Lewis
My parents lost everything to a house fire today
Today my disabled parents woke up in their home to the kitchen fully engulfed in flames. They live in New Orleans and didn't have any insurance on the property because after Katrina, rates went so high they just coul...
Alice K.
Parents managing & living in a unit & taxes
Hello All,[I know this might be best for an attorney but before I go and find one, thought I'd ask the community in case someone has had this similar scenario.]I am planning to buy a multi-unit (2-3) and have been ana...
Alex Landowski
200k of parents refinanced cash, what should I do?
I convinced my parents to cash out their equity, I’m 22 with a Realtor license in Chicago, should I buy/ finance for a multiunit, buy a couple rental units, or flip a property? (For my first step in REI) Keep in mind ...
Murali Mudddan
PA Rentals- Where do i get Lead Disclosure Pamphlet ?
I have a rentals in Pennsylvani. I need Lead disclosure pamphlet that I need to give it to Tenant at the time to Lease sign. Where do i get it ? I am new to Rentals.
Charles H.
SFH 50% owned by parents Cash - 50% me financed
Hello all,I have dealt with conventional loans under my name, full cash purchase with split equity in title, but for the next deal, my parents wants to provide 50% of the cash and I would finance the remaining. The ti...
Daniel L.
Investing on Behalf of or Maybe Commingled with Parents
My parents have equity in a property of which drawing $200k on the HELOC in no way risks their livelihood. They've done so before for investment purposes and wish to exercise it again. They're wanting to explore one...
Mary Chen
Buying a home partially using 1031 money from parents
I'm just not sure what's the best way to do this. So looking for any clever strategies. My parents have an investment home in a different state that they're just been looking to get out of because it's no longer easy ...
Mary Chen
Buying a home partially using 1031 money from parents
I'm just not sure what's the best way to do this. So looking for any clever strategies. My parents have an investment home in a different state that they're just been looking to get out of because it's no longer easy ...
Chris Thomas
To Probate or NOT - Parent's Home's Worth - Advice Needed!
First off, thanks for taking the time to read this post and provide advice. I'll try to be as detailed as possible. Sadly, our mother passed away recently. She lived in Irondale, AL in the neighborhood my brother and ...