Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Jason H.
  • Mechanicsville, MD
2
Votes |
6
Posts

Investing while paying child support.

Jason H.
  • Mechanicsville, MD
Posted

So I have kids with an ex which whom I pay a substantial amount of money to live comfortably because I make almost twice what she does. We have  50/50 custody and I am searching for ways I can invest in Real estate. My question is could I find a partner to go flip houses or buy and rent and only put there name on the house note and have my name on the deed to avoid a change in my income on paper? Or would I be required to claim half the profits and pay taxes on the property because my name is on the deed? Could my partner claim the profit and take the tax hit and pay me back under the table? How would this situation work?

Most Popular Reply

User Stats

1,737
Posts
1,507
Votes
Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
1,507
Votes |
1,737
Posts
Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
Replied

Make sure you share this post with anyone who is considering partnering with you.

Loading replies...