This district is zoned to support mixed use and multi family residential structures of up to 7 stories, so we will likely maximize our development based on that zoning. 

I would love to have a support of a group who knows what they are doing as I plunge ahead in my real estate investor dreams. 

That advice is to actually not push or pull but to figure out how she really wants support and try to meet her exactly where she currently is.

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Your market timing and strategic acquisition clearly paid off with a strong return.As a direct lender, I'd be happy to discuss how we can support you on future projects.

If you are building new properties and the area supports STRs, maybe build to suit STRs.

Send an email to support@biggerpockets.com with an example of a new law and evidence that it has not been updated in their online files.

Your ability to negotiate directly and use cost-efficient strategies clearly paid off with a quick sale.As a Direct Lender, I’d love to explore how we can support your future investment ventures.

Email support@biggerpockets.com, and we’ll help you out.🚨 See a problem in the forums?

Partner B will get $220,000 + the single wide, while Partner A's heirs will get the apartment building and the double wide.They intend to sell one property ( the double wide mobile home ) and use the proceeds to either pay down the loan or reinvest in another rental property (possibly in another market).To defer capital gains tax, they plan to use a 1031 exchange for reinvestment.Goals & Challenges:Tax Efficiency – Structure the transfers and payments to minimize tax liabilities for Partner A’s Spouse and the Children.Guaranteed Income for Partner A’s Spouse – Ensure a fixed monthly payment of $1,100/month while transferring ownership to the Children.Long-Term Investment for the Children – Build a solid rental portfolio to support future financial growth.Operating the LLC Under New Ownership – Ensure a smooth transition, including removing Partner A’s Spouse and Partner B from the LLC structure.Proposed Plan & Questions for Advice:Instead of outright gifting the 50% interest, the LLC will be restructured so that Partner A’s Spouse retains a Preferred Equity Stake that provides them $1,100/month in priority payments but gradually transfers ownership to the Children.Payments will only be made when rental income is sufficient (i.e., when rent increases to $850/unit).Partner A’s Spouse is willing to forgo payments in bad financial times but wants assurance that they won’t face any tax consequences on unpaid amounts.If Partner A’s Spouse passes away before full ownership transfer, the Children inherit the shares at a stepped-up basis (avoiding capital gains tax).Questions:How should the LLC Operating Agreement be structured to allow withholding payments when necessary without triggering tax or legal issues?