Between child costs, debt, and just the cost of living, I can barely put food on the table.

@Brent BarnesI have a new born and a four year old and I just returned to a quite demanding job.

I got stuck with opening a bank account for child Florida LLC. 

We were due for our first child in June and figured we might as well just complete the purchase since we needed a larger space (we were renting a 600 SQ ft basement suite from our friends mom and dad) and we figured the rental in this future home would help hedge any risk with making payments in the future.The property was listed for $275k, we offered $280k and asked for new electrical panel and all closing costs to be covered by the sellers after inspection.

Yes, paying the son would benefit but have to optimize the payment to avoid both self-employment taxes and child tax credit.  

Call Child Protection Services for Michigan and have 1/2 hour talk.

The state has become a poster child for Republicans in their argument for smaller relief packages.

@Kar Sun  I wouldn't rent to them based on the child behavior and the lack of attempt to contain that behavior. 

Ok BP Community,I know I am asking for your first born child BUT....... can anyone recommend a reliable contractor for flipping and buy & hold?

Also...if the real estate side of my nest egg shows a "0" profit - it means that my stock dividends are taxed at a 0% rate, plus - -I'd get $12,000 per year in health insurance cash, plus $6000 a year in child tax credits.