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All Forum Posts by: Robert Lauren

Robert Lauren has started 1 posts and replied 3 times.

General Landlording & Rental Properties

Post: Advice on assuming management of a relatives property

Robert LaurenPosted
  • Posts 3
  • Votes 0

Thank you all for your advice and guidance. 

We will be seeking further legal counsel as to the best way to structure. 

Much appreciated.

0 Votes
General Landlording & Rental Properties

Post: Advice on assuming management of a relatives property

Robert LaurenPosted
  • Posts 3
  • Votes 0

Yes,  it is allowed in our state.

0 Votes
General Landlording & Rental Properties

Post: Advice on assuming management of a relatives property

Robert LaurenPosted
  • Posts 3
  • Votes 0

We are relatively new to real estate investing. We have been given an opportunity by a family member to basically take over the management of a single family rental and take any rental income generated from the property. They will still own the property until they pass (to avoid capital gains) but does anyone have any advice on how best should we best structure this situation legally and administratively?

0 Votes