I have been flipping homes for several years but would like to start involving and teaching my adult children on becoming a partner.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

For other folks, here are some other entities that would, if you sold the property to, have negative tax consequences: YouYour spouseAny of your lineal ascendants or descendants (parents, children, grandchildren, and the spouses of children, grandchildren, — including legally adopted children)Any investment providers or fiduciaries of the IRAAny entity (like a corporation, LLC, or trust) where a disqualified person owns more than 50%Any entity (like previously listed) where the IRA account-holder is an officer, director, a 10% or more shareholder, or a highly compensated employee

I work as a software engineer for Liberty Mutual Insurance and my wife is a manager at a dental office.

There is a very good chance they will create bigger headaches in the future.Seriously, why can't they teach their children to not play with the windows?!?

She left her home to her son and my gf and her now deceased bother and 2 sistersg and any surving children of her other children.

I rent to my children.

Conversely, some are too alarmist and do not put things into the proper context.Example"This property has material in it that will make your children have development delays.

Prospective Tenant also mentioned that he /she has two children that are 17 years old.

This varies depending on number of tenants, if there are minor children, if the tenant has a disability, over age 65 etc.