Ok as real estate focused accountant perhaps I'm biased.

100% for 6 months is a lot of money.c) I and friends have quite a few Real Estate contacts in California.

Your client should consult a real estate attorney to draft an agreement with the ex and ensure there are no legal or tax issues, especially since this is an investment property.

We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.

Why real estate investing? 

Quote from @Hector Romero: Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC but we're unsure how that may affect financing them).

Too many landlords bee-bop along thinking real estate investing is easy . . . then they get hit with a problem (or 20) and their world is turned upside-down because they don't know what to do.Read my book.

- explicitly mentions the end of the year next to the word "attained": ...who is a child of the taxpayer (within the meaning of section 152(f)(1)) who has not attained the age of 19 at the close of the taxable year...Sounds like a reliable pattern, right?

I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.

“Lyons, I love seeing someone with your drive and vision diving into multifamily real estate in LA—you’re in one of the most competitive and opportunity-rich markets out there.