Helping my Kids Investe
I'm a beginner and learning constantly, there is so much information on PB its amazing but also sends my head spinning sometimes. That being said after talking to my 11yr old about investing his money and how I was looking to invest in some properties, I wondered if it would be possible to or in what form I might involve him in my investing. I have about 40k to go to the first investment and he has about 1000 in savings. Would it be possible to set something up with him as .025% owner of an investment property? Would that have to be a LLC or just off the books type of thing lol obviously he cant be put on the title of the home, i don think anyways. Curious on your thoughts!