Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
General Landlording & Rental Properties
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 5 years ago,

User Stats

1,462
Posts
1,209
Votes
Nick Rutkowski#2 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Ithaca, NY
1,209
Votes |
1,462
Posts

Sheltering Your Money from Your Ex-Spouse

Nick Rutkowski#2 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Ithaca, NY
Posted

Asking for a friend. The names have been changed to protect the victims.

Bill and Hillary have been married for 15 years, they have a little girl named Chelsea they raised together. One day Bill was caught cheating on Hillary with a girl named Monica in his office. Hillary was so angry she filed for divorce and half of Bill’s wealth. Now Bill has to pay child support and alimony to Hillary every month.

Bill and his friends George Jr. and Dick, decided to get into real estate, they want to buy condos in Washington DC and Texas. Bill is scared that Hillary will find out and chase him for his rental income. Bill tried asking his friend Jeff for legal help but for some odd reason Jeff passed away due to unexplainable causes. So Bill asked me for help. Should Bill just be honest with Hillary and bite the bullet or is there another way?

Thanks for the help, this situation is pretty messy.

Loading replies...