when i worked for a syndicator back in the late 80s and tax reform hit.. they had all sorts of problems which eventually took the entire company down and they had over 250 different partnerships ( different buildings apartments senior housing MHP shopping centers land development  the land development was what I was employed to work on.).And this was prime Northern CA real estate Bay Area and Sacramento..

I have zero faith in any of our politicians and our entire political system so I have no problem starving them as long as I have roads to drive on and somebody comes to put out the fire when my house is up in flames.No question, major reform in all aspects is needed, but just because it isn't structured the right way isn't a good enough reason to throw the whole thing out.

The entire system needs reformed.

Robert Guilfoyle -Reagan had several tax cuts and nearly a dozen tax hikes (including the tax reform act of 1986) during his Presidency.

Still a bit hesitant due to Dutch tenant laws, but politics and reforms will result in a more market approach of the housing market. 

They are taxable to the donor, but as was previously described there is a $14k annual exclusion to each donee, and a lifetime exclusion worth approximately $5.5 million and growing with inflation (may double in 2017 under the tax reform bill).

The higher end of the market is totally DEAD (tax reform and hike in interst rate).

Con men dont reform and become good people....