A Title Company can distribute the proceeds based on the agreement, and consulting a CPA will help calculate tax liabilities and explore strategies like a 1031 exchange to minimize taxes.

If you’re just starting or want to minimize risk, house hacking is a killer move—grab a duplex, live in one unit, rent the other, and let it pay down your mortgage while you scale up.

Insurance companies want to fix it the cheapest way possible, and their goal is to minimize out-of-pocket expenses like this one.  

Consult a real estate attorney to draft a comprehensive agreement that includes clear terms for profit-sharing, buyout provisions, and dispute resolution, ensuring the partnership is mutually beneficial while minimizing risks.This post does not create a CPA-Client relationship.

At the end of the day, owners get a PM to minimize headaches. 

They’re a great way to generate passive income with minimal hands-on involvement.Looking forward to hearing more about your goals!

I happened to get lucky this year and had minimal expenses there.

If you were renting to an only a couple as a long term tenant and they beat each other up (domestic violence) your liability is minimal.  

Obviously tough to give advice based on minimal info and no info on your personal situation.

You minimize your risk of violating Fair Housing Law or compliance issues using an experienced property manager.3.