If this is the case, you want as much money as possible in taxable and Roth assets so that you don't pass assets on that create tax burdens for your kids.  

A CPA would possibly have a bookkeeper available.

I've done a lot of research, looks like it should be possible.

I have never been able to utilize any DPA with any deal as of now, but it is fun to keep it as a possible tool for use in the right situation. 

Purchase price: $8,000 Cash invested: $20,000 In 2013, I put my knowledge into action by purchasing a two-bedroom home for $8,000 as a home for my mother, though she wasn’t thrilled about it.

As ground-up ADU builds gain popularity I hope we see some affordable options, like modular, but from what I'm seeing now the ROI just wouldn't be there.I'm trying to help spread the word about this law and compile as much information as possible so I can help investors capitalize on it.

possible big upside for the current SAFE agreement holders.Brentwood.com is a current investor in Lazy Dogs LLC and wants to take it public in a few years. options usually are good for 10 years and at a current Valuation IPOs can go !

Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success! 

Our daughter lives three block from there and we thought eventually she possibly could move in there.

Herein lie possibilities of lucrative ventures; here are myths that even a hardened investor would consider runway.