It seems to me this type of setup could simplify things, and might be a good way to go for a first property.

My humble opinion is that you only have 2 ways to invest (if I simplify it).1.

Hello @Maria Hanson,Very simplified, and subject to your own CPA's advice, you could deduct up to 50% of your adjusted gross income on your Line 22 of Form 1040 if the charity is a qualified 501(C)(3) nonprofit organization, such as a church, etc.

so to simplify.

I did NOT tell her before the duplex, but am likely to tell her about the SFH as we are trying to get the division of assets all figured out ahead of time and keep lawyer cost as low as possible.The way I assumed from the get go on the duplex is something like this, with the math simplified.

To simplify things I am a Real estate broker in Pennsylvania I own a real estate office.

Yes it amounts to borrowing money (if you want to simplify the meaning), but that is what the banking insitution you pay the principle does to it anyways so why not.

It also simplifies keeping an eye on the workers.

We also require a separate contract with each property.That is a little over-simplified, as we will enter into a negotiating contract for investors that will cover all of the properties they send us.

It simplifies the website creation process for newbies.