Hi Haley, You might want to try a non-qm lender that is okay with this condo ownership structure.

I travel somewhat frequently for work during the weeks so also trying to wrap my head around how to best structure for that.Anyone open to connecting and / or have any trusted people to help in the event of maintenance issues?

And an argument could be made that since she doesn't own more than 50% of the property that the entire ownership structure of the property equates to a non-related party for you (much like an LLC). 

Consider structuring it as a joint venture (JV) or syndication.

This is a physical asset, not paper, and it's providing consistent income.Albeit for your not understanding tax laws and depreciation, I'm wondering why there's a question as to what you should keep.You understand capital gains, but I'm pretty sure you're not familiar with depreciation and loan paydown.

This requires careful structuring and compliance with IRS rules.Installment Sales or Buyouts – Instead of distributing properties outright, investors can sell or buy out their respective shares over time, spreading out tax liability and reducing immediate capital gains impact.LLC Restructuring (State-Specific) – Converting the corporation into an LLC taxed as a partnership may allow for a more tax-efficient asset distribution.

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

Having said that, this is ultimately why I keep pricelabs, it gives me a structure to easily adjust prices via seasonality which I did not have before, it also continues my prices beyond the 12 month window - this helps if I forget to adjust future pricing and then the platform goes back to my default base rate kind of thing.Having said that I am no master or expert of PriceLabs. 

If structured well, this can be a great way to get started without much cash.

I ended up having to hire an attorney, file for a writ of assistance, and have the sheriff serve the writ by showing up and physically removing the occupants.