She is divorced with 3 adult children living with her.

I am eager to start a new career in real estate investing, but I only have about $15k to play with and can't afford any big mistakes (I have two small children and don't want to get into debt trying to make money!)

Jdugan reiterates, with another good example, "f you want the RE out of the S corp without a sale (e.g. gifting to children), the RE comes out of the corp at FMV and gain is recognized."

Demand - The echo boomers (baby boomer's children) represent the largest single demographic in the history of the US.

If all the heirs are children of the deceased then the estate will go the them most likely assuming no spouse.

I have a decent job that I cannot give up right now but want to provide a better life for my new wife and future children going forward, and I truly believe real estate will help me do that.Along with building my network as a real estate agent, I want to start my first flip project during the first quarter of 2012.

I have 2 "special needs" children which is where the largest of my expenses are...

XYZ passed away.7) There was no will...nothing indicating that he was married or had children or grandchildren.8) The property owes back taxes of $32K, meaning that not only was Mr.

Is this a sound method when your children go off to college?

That is, it may not discriminate against families in which one or more children under 18 live with:A parentA person who has legal custody of the child or children orThe designee of the parent or legal custodian, with the parent or custodian's written permission.Familial status protection also applies to pregnant women and anyone securing legal custody of a child under 18.http://portal.hud.gov/hudportal/HUD?