Hello all, Interesting scenario where I'm curious what the tax implications would be. Sister puts house in her name for a sibling, lives in it for the first 3 years, then moves out. Sibling continues to pay mortgage f...
Hey Guys! I have a tax related question for an off-market deal that I am about to get under contract. Quick rundown of the situation:Client is living in a property that was purchased by his sister in 2002. She bought...
My sister and I have 20 acres in Poolville, TX. The property was bought by my parents in the 80's and put in our names then. I have since had a home built on the 20 acres next to my parents house and have lived ther...
Hi all,I found a vacant property in a great area and may need some creative thinking to seal the deal. The owner passed away and has no family, per the county property appraiser office. They are in a holding pattern ...
Yes, I am brand new to the real estate game! That being said, I have been networking, talking, reading, and analyzing deals like crazy and I found a "unicorn" just down the road in Nashville. Now I need some advice/he...
One of the responses that I have received from an absentee owner is that her and her two brothers all have ownership in the property and have a life estate. The two brothers currently live in the property and dont ...
I am helping a friend with a property his mother has some investment in. His mother took over the payments of the property taxes of her sister's house after her sister passed away about 30 years ago. The mother has co...
So...I help "guide" my sister with issues pertaining to her rental property in MA. Which means I am the middle man so she doesn't have to deliver unfavorable messages since she is an owner occupant. She can "blame" ...
Looking to purchase an off-market home in my neighborhood and ran into a hurdle that I might not be able to overcome...For context my elderly neighbor who I've been friends with for the last couple of years recently p...
Any tips on this one? Home owner in Oregon died, put sister in Alabama in charge of estate, rental home in California was in trust. Sister instructs lawyer to put rental home in her nephew's name. She has no idea why ...