Pooling resources with others is one way to increase your buying power (and potential returns) and is something I am seeing more and more of in my day to day given the mutual tax benefits that can be shared and the high price to entry for housing rn. 

The response rate in direct mail is similar to sending out cold emails to people.

The investments going into the community are strong and a large section of it is in an opportunity zone which has some added tax benefits.

I'll check back in a week  to see if any additional benefits have been unlocked.

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

My priorities are cash flow and tax benefits, and I’m looking at purchasing a 2/2 that fits up to 10 and is along a body of water.

I’m particularly interested in off-market opportunities and would appreciate working with someone who knows the area well.The purchase will be under my name, but I’d love to take advantage of any benefits tied to my daughter’s first-time buyer status, especially considering her limited credit and assets.

@Alexander F PollockYou may lose a tax benefit of a stepped up basis for capital gains purposes transerring interest away from her parents.Also consider conducting a judgment searches on all parties to the transaction to confirm there will be no title problems for would come up when the LLC sells in the future because you will not have title insurance to cover prior owner issues.

Of course, I didn't go with any of these GCs but I also have the benefit of waiting and not being on anyone's timeline or deadline.

Besides the  depreciation,  tax  benefits that I would get if  I was renting to him are there there any advantages on co-owning instead of  me renting to him?