Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

Win, Lose or Draw he's still in the records from your filing;-)Housing Court Judge, speaks to us at MassRealEstate dot net annually.

In fact, I’d like to turn the primary into a rental and then house hack in a multi-unit.

I do a heloc on the house and I am the only borrower on the heloc.

😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

I became the bank- selling 90% of my free and clear multis with seller-financing. 

This means that your permanent residence is excluded (except if you are doing a house hack in which the part that is rented out is eligible for cost segregation).

Every time I buy a house, I’m forced to up my income and save more.

Hey BP Family,A neighbor of mine passed away about 2 months ago and I have been trying to contact the family (trust) to see if they were going to be selling the property. I don't want to overstep because the gentleman...

Given that affordable housing is a national issue it seems that the more pathways to home ownership is a good thing.