If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.

Many are focusing on placing long-term residents in properties to pay down the mortgage while leveraging a professional team for hands-free management.

If you're ever interested in seeing what's going happening on the western side of the state feel free to reach out anytime. 

A few thoughts on that:1) The reason those accounts are “administratively unfeasible” is that they were so cheap that nobody (like say Inspira) wanted them, even for free.

You can use it as a downpayment on a property over $450k and use leverage tax free.

Feel free to reach out if you have any advice for a newcomer or if you're also investing in the Kirkland area!

Feel free to reach out anytime!

@Adriana Cortez$6k is insaneI can send you a free video on how to do this in 15 minutes AND 99.99% of people do not need a holding company.

Feel free to reach out if you ever want to chat or bounce ideas around.

If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.