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Updated over 2 years ago, 07/27/2022

User Stats

29
Posts
8
Votes
Paul Flynn
  • Naperville, IL
8
Votes |
29
Posts

Rental property and child support

Paul Flynn
  • Naperville, IL
Posted

Before you all start hating me thinking I'm trying to get away from supporting my children that is beyond false. At my weekly job my nine-to-five I take home about $4,500 per month my child support order is for $2,100 per month I've been forced to sell my home and move back in with my parents because I can no longer afford to live the sale of the house will leave me with about $150,000 in cash and I'd like to possibly look into buying rental property so that way I have extra income so I can afford to live. I am not against paying child support but I'm already paying $2,100 per month if I get a rental property I'll just o more money so my question is is there a way that I can own a rental property may be under an LLC that will separate me from the property to hide it from child support. I know this sounds terrible but I'm already paying $2,100 per month which is more more than enough the mother of my children lives with her parents and has zero bills so it's all going to her pocket. I know this sounds terrible trying to hide money from child support but trust me I take great care of my kids I see them all the time and I pay my $2,100 per month every month. But I need extra income in order for me to be able to afford my own place my kids can come visit before you all start bad-mouthing me please understand my situation I love my kids I pay for my kids they have my health insurance I pay my child support every month of $2,100 I pay 80% of out-of-pocket expense for medical and schooling I do everything I can for them and I just can't afford to live anymore but I need extra in come please help

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