It’s a good idea to consult a tax advisor to ensure everything is structured correctly.

I am wondering if anyone has been and this situation and has ideas on how to handle this.

Checking property tax records is a good idea—frequent turnover might indicate investor issues, but it’s not a dealbreaker if everything else checks out.

I agree with the op that for the most part the idea of privacy as an effective or meaningful concept in asset protection planning is a fallacy.But the idea that folks are of different “camps” in asset protection planning is unfortunate as it is not a useful dialogue IMHO.

@David Varvaro yeah man I know that's probably a good idea, it just seems to me that it adds another touch point when it comes to communicating between on-island contacts.

(If there is a better idea there, please let me know.)

Hi all,I can use software to conduct 95% of all property / tenant / cleaning  tasks, except... for showing the property to interested tenants.I don't know that this would be an issue, as I'll be doing MTRs and most folks may be out of town anyway.But does anyone here have ideas or suggestions for how I should think about this?

I would lease it to cover cost for 2/3 years and then I would sell once I could get $475,000+  Would be a nice ROI and is actually doable.Love this idea!

My guess is these guys have no idea what they are doing, will dig about 30 feet and then drop off the face of the earth when they figure out they vastly underpriced the job, and especially will do so when you tell them you were thinking $250 was closer to the value 🤣

I would never recommend anyone consider anything remotely similar to what you're promoting, and would also advise anyone in our community to avoid this user and his ideas.