But the gas and water need to stay in our name as landlords (per the water and gas companies), and we will bill those amounts back to the tenants.We have 1 single man who has 1 child who will live with him 1/2 time in the upper level, and we have 1 single woman who has 3 children who will live with her 1/2 time in the lower level.

I didn't want to spend a week away from my newborn and the environment wasn't great for bringing him along. 

When we told someone about the possible naming of our child that, they said "Do you mean Eliyahu?"

If the mortgages are 'forgiven' would that create a taxable event (gift) to each child??

Property management is managing it and giving check on the name of property owner who is Child LLCprior cpa was filing taxes under Parent LLc as the child LLc is a pass through entity.

Hi guys,So I have lived in a house, in an expensive neighborhood for 10 years,  my  child grew up there so I am very attached to that house and so is my son.

And they just had a newborn.

I've wanted out for a while and now with my newborn son, I look at him and know I can't do this anymore.

Wife had no intention of selling the rental house as it is an investment to supplement retirement, eventually being her childs inheritance.  6.

We both work full time and have 1 child under 2 years.