Justin Summers
Death of grantor of Revocable trust and future taxation
12 October 2023 | 0 replies
My self and 2 siblings are the beneficiaries of the trust.
Sandy Pang
Is it possible/smart to put a property in a LLC in which co-owner is living in?
14 November 2023 | 2 replies
.- Bought my first investment property with my sibling in 10/2023.
Erik Schofield
Vacation Rental Property Manager Recommendations in St. George UT
5 February 2021 | 14 replies
My mentor is looking for one and I've been thinking about one that I could maybe go in on with my 4 other siblings so we can all use it and split any cash flow that may come through each month.
Kyle Kipka
Single tenant passed away..proper procedure?
15 November 2023 | 6 replies
Often times a tenant's family won't have an executor or even know what that is, you explain person in charge of everything, but be sure to ask how many siblings and if they are all in agreement or not.
Account Closed
Extreme House Hacking with 10+ Roommates?
3 December 2019 | 20 replies
At the highest level, the rule says a residential dwelling is restricted to one family plus one additional person or two adults with their dependents plus one additional person.The city states that a “family” is any number of persons who are related by blood, marriage, adoption, guardianship or other duly authorized custodial relationship, and how they live together as a single housekeeping unit and share common living, sleeping, cooking and eating facilities.So here are some examples that are allowed and may help put this rule into practice:A family of any sizeA family of any size and their housekeeperA family of any size and a student not relatedTwo single parents and their kidsTwo siblings and a friendHere are some examples of what is not allowed:Two couples adding up to 4 peopleTwo sisters and their 2 friendsA family of any size plus two additional unrelated peopleAnd, as with any rule, there is an exception.
Shaydon Childers
Loan Assumption (Family Farmhouse)
19 January 2024 | 7 replies
Are there other siblings or heirs?
Matt Miller
How do you involve your kids in your real estate business?
15 August 2015 | 25 replies
My husband and his siblings grew up while their farther was just starting in the investing business and helped a lot with the manual work such as painting and repair work for new units.
Jim Smith
Complicated umbrella policy question
24 September 2023 | 6 replies
My wife recently became 25% owner of a vacation home (her 3 siblings own the other 75%) which is currently occupied by an elderly family member.
Jack McWatters
Investors in Montana!
18 February 2021 | 19 replies
And I don’t have kids of my own haha not yet but I know how my siblings are very indecisive.
Carlisle Edens
Introduction Columbia, SC
12 April 2023 | 19 replies
@Carlisle Edens...hey Kyle, I have a few siblings down in Columbia and Charleston; one currently owns a medical imaging business, but also has owned/managed a bunch of rentals down there (which were my late mother's until few years ago); I think around USC.