Once you hold the deed to the property you have now established a vehicle to cloud the title.

Seeking advice from a tax advisor or accountant can assist in understanding the tax effects of renting out a garage apartment.Good luck!

You don't want your guest putting utilities in their own names because this is one of the items that is part of the litmus test in certain jurisdictions for establishing residency and therefore conveying long term tenant rights.

A family office has an in house CFO, controller and tax advisor who will figure out what the best structure for the family is.

A real estate attorney specializing in Securities/ Joint Ventures would be your best advisor on how to proceed.

I can't see why this won't push values higher, the area is already well-established.

But, consulting with investor friendly real estate professionals and financial advisors can provide great insight and can help you develop a clear plan & exit strategy; there are a few.

That's how I did it.I'm not sure how old your kids are but...When I was in 9th grade, I was working hard as a diamond cutter and wanted to establish credit because I had learned this is how this country operates.

Right now my goals are to learn as much as I can and become familiar with the industry so I can find/make informed and confident deals/decisions.Wholesaling interests me, especially as a start, but eventually i'd like to establish a portfolio of rentals for monthly cash flow and accumulating assets.All that to say...I'm excited to connect with others in my area that share interests in real estate!

Negotiations were smooth due to our established rapport and mutual understanding of the property's value.