I'm a US citizen living in CA. However, my parents are not citizens and living in Europe.
They consider buying a real estate investment in cash (about ~60K). I want to know the tax implication for writing the house u...
has anyone ever partnered on an FHA home? Is it a good idea? I'm trying to house hack my first property and am saving up, but would like to purchase something sooner so i can save money on rent. Since Downpayment c...
Fellow agents.
Do you buy closing gifts for your buyers/sellers?
How much do you spend on said gifts?
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...
So i am getting pre approved for a conventional loan and am short some cash (30k) , i told my lender i have the 30k in cash (which was a gift), then tells me to deposit the cash into my account and told me it shouldn...
Hey everyone. I have the opportunity to buy my family home in the next few months, and would like advice on how a gift of equity works. I have done some research on the topic, so I do know the qualifications and will ...
I wanted to post and try out my new enhanced Pro signature. My awesome client and savvy investor @Theresa Worsham closed today on her new duplex and bought me a membership upgrade as a thank you. In the 30+ deals I'v...
Was thinking about sending out Christmas cards to tenants. I only own 1 rental property and both my tenants are fantastic. I was even thinking about a small $50 amazon/gift card for both of them? How common is it to...
In the spirit of holiday gift-giving. How many of you here give gifts to your tenants and why? TIA
We acquired a 40+ unit building earlier this year and have since then gone through 2 different management companies. We've also had to update leases to reflect changes in utilities / internet+cable. Obviously this has...