A lot of times these threats do not matter much to Contractors, but they may help.

Quote from @Anthony Klemm: Quote from @Dominic Mazzarella: Quote from @Anthony Klemm: Newbie here with some questions...I've been reading a bit about syndications and how they function as a whole.

If I understand you correctly, this is a simple seller-carry situation.

Definitely some great advice in this thread! 

We have coverage in West Virginia and would be happy to help!

Hope this helps, best of luck!

Thank you for everybody thats helped me so far.I have spoke with about 4 of them.

A revocable living trust is another option for privacy and asset protection.Avoid gifting the property before death, as this would pass the original purchase price as the cost basis, creating a large capital gains tax liability upon sale.If the property is Subject A’s homestead, ensure the correct titling to maintain Florida’s homestead protection for Subject B.This post does not create a CPA-Client relationship.

Quote from @Felicia Nitu: Quote from @Jay Hinrichs: hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.Hi Jay, the affordable housing requirement can definitely be a dealbreaker for some projects.

@Jerry Zigounakis here's some copy & paste info we hope you find helpful with your challenges!