If you could rent it, then maybe she'd be willing to try it if it wasn't an irrevocable decision. ie, rent your current house, live in the house hack, don't like it?

If any of these are the case it is not really an issue as long as everything is properly recorded and irrevocable.

But that is mainly because I believe an irrevocable trust should be independent.

Maybe an irrevocable trust with you as the beneficiary?

Did I mention that he was so desperate to get away from his nightmare that he also signed a trust agreement, a irrevocable power of attorney on this building, gave me every piece of paper pertaining to this building, the contents of the building, and then signed over !

What I will do next is transfer this property into a irrevocable trust which is owned by a corporation (corp is owned by my partner and I).

Then if you are talking about an irrevocable trust, then I would agree there is an added cost.When we real estate investors talk trust, though, we are usually talking revocable land trust.

Irrevocable trusts can be used for asset protection if the creator of the trust has given up enough control of the assets.

The subseries flows into a LLLP which flows into a revocable living trust and irrevocable living trust which blah blah blah dude its complicated.