Calvin Hayward
How Much Do You Spend On Closing Gifts
Fellow agents.
Do you buy closing gifts for your buyers/sellers?
How much do you spend on said gifts?
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...
Steve Lafler
Avoiding capital gains tax with a gift downpayment?
My wife and I are buying a SFH investment property with my father in law. He will be the mortgage holder and we will put up the downpayment. A mortgage broker tells me the downpayment must appear to come from my fathe...
Alex Corbishley
Gifts for tenants this year
This year more than ever we thought it would be appropriate to give something to our tenants. If you paid on time all year and had been with us since Dec 2019 we gave them $100 gift card to a local business. Half th...
Michael Julian
The carrot vs the stick
Do you ever give your good renters bonuses? Last Christmas, I gave two of my best renters $50.00 gift cards to spend however they wished. These were tenants that paid every month early or on time, and maintained my pr...
Thadeous Larkin
What to do for tenant inconvenience?
Hey team - Would love your thoughts for this situation: (BLUF - my tenant has had to deal with appliance issues for almost a month through no fault of her own, and I want to try to make that right).My tenant let me k...
Brandon V.
Self Directed IRA from a relative
Hi BP,I have a relative who has a lot of money in a ROTH IRA currently but they would like to help me out to fund another rental property. Would using the ROTH IRA from this relative be an option if they were to conv...
Jon C
Second home for us, rental for the kids
My wife and I live in Vancouver WA and are looking for a second home. My wife and I very much want to get our adult daughter and her family into a house but the CU I called told me that we'll need 20% down to quali...
Sam Cain
Negotiating with seller
I bought a single family home with the intent to develop the property into 4 townhomes. Adjacent to my investment is a small retail shop. This shop is owned by a small business that uses it to house inventory for thei...
Jan Boldt
Gifting investment Real Estate questions and comments + deductible carry-forward?
Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...