Shelby Bybee
Best way to sell or gift a property to a family member
My father has a 2BR 1BA condo in Kansas City, MO. He lives in Dallas and it has become cumbersome for him to manage long distance. The condo is in impeccable condition and is in a great location. The approximate Fair...
Horace Grant
Bequeathing Property to Heirs
I am hoping to bequeath my primary residence to my daughter upon my passing. I met with an attorney who suggested that I just put her name on the deed thus making her a "joint tenant." I was wondering if this is the b...
Gabriel Zew
Avoiding the Gift Tax
Hello BP Community,
My Sister would like to gift me and my other siblings our parents home, with our plan being to get a heloc on it and rent it out while investing the money from the line of credit into rentals or f...
Krystal Jones
Newbie in Houston Needing Help with 1st Investment
Hello Everyone! I've been lurking on BP and watching the podcasts/seminars for a little while now and I am excited to get started in investing.I will try to keep this short and sweet...My mom owes $65,000 on her home...
Michael Terry
Gifted Duplex
It looks like my siblings and I are about to be gifted a duplex. Both units are currently rented (total rent $825) on a month to month basis. The property has been for sale for over six years, price has been dropped f...
Ryan Howard
My dad is moving to charlotte. Is there any risks of having the deed to his current home transferred to my name?
I am still new to the real estate investing world. And before I found out about my father's move I was already planning on investing in real estate once I learned more and got myself in the position to start. But yest...
Dassi Lazar
Tenants + Holidays = ?
Are you doing anything for your tenants over the holidays? Any gifts? Holiday card? Etc... Or nothing
Helen Lowery
I have the down payment, but can't get the loan
Hello Bigger Pockets,A year and a half ago, I noticed that the house I'd rented for 5 years looked abandoned and overgrown. I still had my old landlords number, so I called him to see if he would be interested in sel...
Jordan Mantel
60 day down payment seasoning period
Hi guys! There’s a possibility that I’m going to get into a deal with a partner where he provides the down payment; however, he will not be on the loan itself so lenders have told me that the down payment has to be si...
James Gould
Tax Strategies for Foreign Owner of US Real Estate
Situation: A foreign (non-resident alien) owner of US in situs real estate (two single family properties) wants to transfer the properties to their adult child, who is a US citizen. However, to my understanding, there...