I'm ASSUMING (a bad idea, I know) that they were a married couple and had joint ownership. 

I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.

We specialize in joint venture transactions, collaborating with both seasoned and new investors.

Is this house under your name or joint?

It's challenging to distinguish between genuine advice and potential scams in the vast sea of information available online.

This could let you start building relationships with others in your area (and potentially lead to joint ventures later) and to build up your working capital.

I checked in two days later and he had completely botched the install- amongst other things he staggered every other joint and the place looks like a checker board.

., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

Plus, given where rates are right now, I genuinely believe we're at or near a local peak.I expect rates will head lower soon, maybe revisiting 6% in the coming months.

If you take title to the property as an LLC with you as the only member (and that elects to be taxed as a sole proprietor) then the property will still be reported on your joint tax return and that would be fine.When you sell you can sell as that LLC and buy as the same LLC or another disregarded LLC, or as you, or as you and your wife, or as just your wife.