Great point on the differences it can make wrt the more complex structures.

Its to make sure you have enough skin in the game on this property such that when you buy the next one you're not going to be in over your ski's.Hope that helps, there are many ways to structure your situation so that you can bob and weave around these obstacles.

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

For example, 75% would be depreciable value attributable to the structure and 25% would be non-depreciable attributable to the land. 

A family attorney could help structure the sale to minimize legal and closing fees.

Ultimately, structuring future purchases under the LLC can streamline tax reporting and potentially allow for more deductions and tax benefits if the LLC grows and qualifies as a separate business entity.The lender will not directly finance property in the LLC most of the time.

One of the first steps to this whole process was getting an entity and a holding LLC set up for this business structure which is why I have that LLC.

The flood insurance will cover limited, structure may or may not the contents.

Have you explored creative ways to structure these partnerships to maximize returns on your deals?

Transfer of Ownership (11/2015):• Value at Transfer: $80,000• Ownership Structure:• Person A: 33.33% (approx. basis $26,667)• Person B: 33.33%• Person C: 33.33%3.