We want to get a Vacation Rental Permit for stays under 30 days for ADU but current zoning doesn't allow it.

@Victor Yang When gifting a house, the FMV at the time of the gift counts toward your lifetime gift exemption (currently $13.92M per individual in 2025).

If I have rezoning then maybe that allows me some flexibility if ADU program does come in.  

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.

I would add to this account every month, allowing me to pull from it whenever there was a large repair or capex event. 

Tax deductions / write-offs should be a second concern.There are some rules that you need to follow to treat a short-term rental as 'active'(non passive) income which would allow you to offset it against other forms of income such as rental income / wages.

The law allows you to put all the deposits in one account.

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

The SEC asked the federal court to rule on its requests today, February 6, 2025.Our law firm is investigating and would like to speak with any individuals willing to provide information about certain aspects of Broadstreet’s operations.