My question is would this be considered prohibited transactions by the IRS since I am technically related to her by marriage?

Having been a licensed title agent at one point I believe in MO title passes to the surviving spouse even if they are not on title (marriage creates a joint tenancy).

Congratulations on your recent marriage too.

This is not a "one and done" conversation either, but a continuous one that will evolve over time.This is not only investment advice, but also somewhat pre-marriage therapy.

. ** If the property is a standard sale, then you should be able to get the commission as long as there is nothing in the listing agreement that states otherwise **" This affidavit is to be executed before or at the time of closing of the sale of the Mortgaged Premises by all Borrower(s), purchaser(s), real estate brokers representing any of the parties, the escrow/closing agent performing the closing of the sale, and the transaction facilitator facilitating the sale (if any) certifying under penalty of perjury that:(a)The sale of the Mortgaged Premises is an "arm's length" transaction, between parties who are unrelated and unaffiliated by family, marriage, or commercial enterprise;(b)There are no agreements, understandings or contracts between the parties that the Borrower will remain in the Mortgaged Premises as a tenant or later obtain title or ownership of the Mortgaged Premises, except to the extent that the Borrower is permitted to remain as a tenant on the Mortgaged Premises for a short term, as is common and customary in the market but no longer than ninety (90) days, in order to facilitate relocation;(c)Neither the Borrower(s) nor the purchaser(s) will receive any funds or commissions from the sale of the Mortgaged Premises

How does marriage, accidental pregnancy, dream job offer across country affect you.Please excuse any typos.

Your marriage has ended and it appears a new chance is starting, not only personally (Fiance) but in investing.I can't speak intelligently about the Bay area market, but I can say that if you have kids and they are living with you, that should be your first priority.

Welcome @Danny Ko to BP and congrats on the new marriage!

That sounds like a marriage , most marriages end in divorce because of finances .The gross profit is the hardest to manipulate , You buy the house for $ 100 K , you sell for $ 200 K the gross profit is $ 100 K .........SimpleThe net profit is after all expenses , materials , contractors, insurance , I could keep naming expenses that could eat up the net profit with ease .As Jay Scott mentioned , returning materials would be easy .Contractor buddys giving 2 bills , Paying the rehabber a salary , and bonus for working , etc , etc .I see doing a great job on the property , and offering the agents a bonus to get the property sold a better solution , the agents see a real number , not a questionable possibility .

I am in contract in a short sale with a seller who bought a house before he got married. He is now deep underwater and wants to shortsale. He is still legally married but separated. He doesnt work, he is a veteran and...