Quote from @Jim K.: One thing that hasn't been mentioned so far here are the psychological red flags and possible pitfalls involved in the process of moving out of and then turning your old home into a rental property.

@Jim Hagerman Yes, if you want a more detailed analysis.

Clair: Quote from @Jim K.: @Aaron St.

Quote from @Jim K.: What's missing from much of this discussion is a real understanding of what the property is, ten acres in the heart of upstate New York Finger Lakes wine country, the desirability of that property as a vacation property on the one hand and the value of it as a vineyard on the other, and how local government (especially Yates County) is systematically trying to fight against the encroachment of moneyed OOS vacation-home buyers/STR operators  in the area.This is not some bland normal place where normal people live and operate.

Tell my brother in law Jim in Maui hello for me.Everybody that is posting on LP syndications needs to up vote Lane and thank him.   

Quote from @Jim Moore: @Miguel Suarez What are you trying to get out of the investment?

But in terms of setting it up I think I'm better off leaving it to the techies...Jim- Your comment(s) are testimony to what Josh and myself are saying.

@jim hilerThere's lots of misinformation and misdirection on this subject, and the following should help you navigate:All "Qualified Retirement Plans" ("QRPs") are trusts set up for the benefit of "employees."

Quote from @Jim Collins: I am paying mortgage for all the rentals from business accounts.

@Jim Armitage let me know how that goes, I have heard good things.