I will be a college sophomore next year and I currently am on a full scholarship to attend university. My parents have a 529 plan for me and are using that to pay for my rent at my off campus apartment. I want to buy ...
My parents bought a house for me because I did a short sale 7 years ago and wasn't able to get a loan back then. They have a 1031 exchange on this property . They bought it for 360k and its worth 499K now and 200k is...
Hi,
This sounds more like a tax/accounting question but seeing if anyone has any insight here.
My parents just completed a 1031.
Relinquished property and replacement property both under parents names.
Accountant ...
I'm trying to purchase a duplex with my parents. They are considering getting a HELOC on their current home which is paid off in full. The duplex is for sale for $300k. Is it possible for me to get a conventiona...
Has anyone ever done seller financing with an inherited property within your family? My grandfather passed last year, and I have inherited 1/3 of his estate, my parents have the other 2/3. I told my parents that I wan...
My parents are looking to 1031 a 3 unit property for a 6 unit property and add my brother to the 6 unit property. Is it smart to put my brother on the deed of the new property? Will this effect the tax advantage? W...
My first rental is on the market and drawing quite a bit of interest! 90% of the would be tenants have been single family renters but the most promising applicants so far have been students. With that being said, how ...
I have two applicants that are students and rely on their parents for rent. How do some of you go about renting to people in these situations? The parents live out of state as well which complicates things a bit more.
I am not sure if this the correct forum to start this discussion, so please feel free to move it as needed.I am looking for some advice regarding a 2 family property that my parents have owned for more than 15 years i...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Vancouver.
Purchase price: $675,000
Cash invested: $33,750
I purchased a 4plex under FHA, with one unit reserved for my pa...