Maybe they don't need the money now but in 5 years they wan to send a grand child to college.

Another might be a residential tenant whose child comes home from college and discovers black mold in her bedroom closet.Ideally, Tenant Estoppel Letters will be sent to them after the inspection and financing contingencies have been cleared and within the last week before closing.

While I know this isn't a lot in today's market, I believe there are creative ways to make it work.I’m a former foster child who was declared independent as a teen, so I've been living with close friends that I consider family.

Or, again disable the locking mechanism to prevent it from being locked by an unsupervised child.

Assuming an only child situation where you’re not screwing a sibling.

Today it would be child abuse of course no one would let a 10 year old go walking through neighborhoods like that..

@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.

We had our first child so we have been on the sidelines for a hot minute.

Hello, it is a owner passed and child wants out because they are absentee, no section 8 and the tenants have lived there already for long time 13, 6, and 4 years with no desire to leave as long as I can keep the rent same or close to same and they are willing to sign 3 year leases.I have looked at single family houses and have not found a deal that compares.

Relatively small amounts of interest income ($1600+ per year) is the highest taxed form of income I have found if you have kids at home.After earning a few grand in interest, It takes away my child tax credits and gives me an effective tax rate of 70%.