@Dave Phillips - welcome to BP from Edmonton's sister city in hockey - Oklahoma City!

Her sister, on her behalf, is asking if we can do an escrow instead...so she'd continue to pay the rent from her own funds but use the $ in escrow if she became short.

@Jason Cotner Things may be a little different in Colorado, but I am doing something similar with my sister.

You could say wife, husband, brother, sister, son or daughter and keep from being in the business I suppose as family is excluded.Seasoning, not really, but the activity of buying and selling is not investing, it's transacting business.

Greetings -- My sister lives on the east coast and is looking to buy her first home -- on the beach in Quincy, MA.

Jennifer Lee,Have you thought about putting that sibling on at 50% and just cutting her a check or you could purchase something in which she could live and rent the other half, you could give her a reduced rent that just covers that half of costs.I would go the 50/50 route with the sister who needs the money and I would keep the foreign sibling with a promissory note.

They must all be executed by the trustee and no transactions with parents, grandparents, or children; brothers and sisters are OK though.At least that's what my CPA tells me.

My brother and sister Modds Karen Margrave and Will Barnard how thoroughly KOOL would it be for a regular (monthly/quarterly) get together?

8. and finally, my sister called me today(she doesn't know I was thinking this!!!)

My sister did a deal like this.