A revocable living trust is another option for privacy and asset protection.Avoid gifting the property before death, as this would pass the original purchase price as the cost basis, creating a large capital gains tax liability upon sale.If the property is Subject A’s homestead, ensure the correct titling to maintain Florida’s homestead protection for Subject B.This post does not create a CPA-Client relationship.

While none of us will be getting our money back he can live well selling off the remaining assets as long as they don't shut him down.

On my lot where I live, I can have as many kitchens as I want (not sure why I would have extras) and can build a tower, but they won’t let me build an ADU for my mom unless it is connected to the main house.  

Keep in mind that all this time we were living with my parents paying them rent but saving/starving to score our next deal. 

@Dexter Florendo Kalai AspacioBuy in the right location where people want to live and rents will continually increase.

My husband family have lived in Oahu for several generations now.

I also have registered my "rental company" with the state of Maryland, where we live. 

**For context I house hacked for about a year after she passed away but couldn't live in that house anymore and sold it.

We live in this area and it seemed like a great opportunity with the margins How did you find this deal and how did you negotiate it?

Lived in it and sold it a few years later.