Kevin Galimba
Family member as tenant
Hi guys!I just purchased a 4 beds 2 bath single-family property in Jacksonville, FL. I used conventional 3% on it with downpayment assistance. I have my dad and two brothers to help me with the monthly payment. So in ...
Jason Dixon
Family member as investor
Hello,
I'm about to move on from the military after 20 years and got the REI bug a couple years ago. I've educated myself about as much as I could during these past years and have evaluated hundreds of properties in ...
Omar M Lamont
Non Member as of Now
A friend of mines informed me about this company and all the great tgings this company offers, So I wanted to be more informed and possible a member
Charlie Morales
Family Member as a Partner
Hey everyone! I plan on partnering up with my mom on an out of state real estate deal. I was wondering has anyone partnered up with their family member for a buy and hold property for a 30 yr hold? If so how is that p...
David Palermo
Family Member as Hard Money Lender???
Hello, newbie here. I am in process of renewing my PA real estate licence and obtaining my NJ licence also. Looking to get into the BRS and BRRR and eventually into new construction. Looking to partner with my brother...
Beth Raneiro
Quit deed and gift money between family members
Hello BP community! I have a question regarding quit deed and gift tax between non-married family members. Both are on the deed of the paid-off home. Family member A is living in the home and wants to buy-out family m...
John Lard
2 year wait on using LLC funds for property
Hello,
I am a member of a recently established 2-member LLC. We are looking to purchase our first property using leverage. In order to qualify for more conventional loans, we will each purchase a property w...
Eric Fullam
Tax question Seller owner financing/gifting
Family member A (seller) is selling to family member B (buyer). If family member A wanted to avoid tax penalties, could they gift or owner finance the home to family member/buyer B and buyer B turn around and refinanc...
Jeff D.
changing llc members.....a tax event?
Hi! Is transferring 100% interest from one single member to another single member a taxable event somehow? Does there have to be a "purchase" of that membership interest by the new member for some dollar amount fr...
Lisa Brez
1031 exchange on rental house owned with family member in exchange for owned by one family member
I currently own a rental property with family member (will call A) where we both put in 50%.CMA on this property #1 is @ $75,000 my share is $37,500."A" also owns a property #2 valued at $450,000 and would like to sel...