Don't make your life more complicated than it has to be.

The reality is, while house hacking can be a fantastic way to build wealth, it’s not always as simple as it seems.

You pay a bit more, but you get exactly what you want and don't have to worry about maintenance for a while which is obviously a savings.I live in the Woodlands, so considering the location of my home and rental property, I'd ideally like to build this in the area of The Woodlands, Conroe, Spring, Tomball, Klein, or Cypress. 

I don’t know if innovative per se, but I’ve been investing with smaller amounts (5k-25k) into large multi million dollar projects by leveraging the investment club model.

As for the property structure, using an LLC offers liability protection, while a land trust provides privacy.

The IRS could apply this doctrine if it appears that the series of transactions are structured primarily to achieve a specific tax outcome, such as avoiding taxes.Regarding the 1031 exchange, while in-laws are not considered related parties, the transaction could still be scrutinized due to the complexity and nature of the other transactions involved.

Frankly we don't use it as much as we thought.

By purchasing a multi-unit property, living in one unit, and renting out the others, you can cover your mortgage payments and start building equity while gaining rental income.

I also don't think VRBO cares either.

Hey All, I'll be traveling to Costa Rica for a wedding  and wanted to explore the market while I'm visiting.