Hi MarkThe S-Corp is for the operations of the portfolio and the mother of the series LLC that is comprised of regular LLC's.

He writes me a gift check for 18k, then he writes my mother a gift check for 18k and takes out 14k cash. 

My mother died (again)18.

I am contemplating taking over my mother in laws home (she passed in 2021) if my brother in law decides it is too much for him to handle.

Not saying I'm Mother Theresa, of course it is a business and I'm trying to make money, but revitalizing neighborhoods and putting vacant lots to good use is important to me! 

I have a client that sold his land and would like to use his 1031 exchange to buy his mothers land.

@Christian RodriguezHow old is your mother?

Bought my first property in FL last year with my mother as a partner. 50/50 she is the occupant paying the mortgage, I am a non occupant primary owner.

There mother called us just over a month ago and informed us that they were being evicted and if they can’t find somewhere that she can afford, they will have to move back with family, away from GA.

If my mother lives next door and I say hi to her then the IRS can kiss my behind and I will gladly see them in court.