Sounds like you have been letting fear get in the way of taking the leap. 

Hi All!

@Bradley Buxton makes a very good point to make sure to do your due diligence as you won't be an owner occupant like your in-laws.Last bit of advice: Because this is a friendly deal, you want to take your time to make sure you structure it in a way that maximizes tax and cashflow benefits for both parties. 

But if you have passive income from another rental or real estate syndications, using it now might actually be a good idea.It all comes down to strategy—don’t rush the process just to get tax benefits if it’s going to make financing your next deal harder.

We have tons of new apartment complexes, so renting out apartments in quads is taking longer since they offer less amenities.

This would allow you to indefinitely defer all of the tax if you sold, and use the tax you would have had to pay, to purchase something nicer in an area with a greater growth potential.   

Residential usually the sellers are not savvy enough to go this route and usually just want their check at closing.In the end it all boils down to finding the deals.... thats not easy.

Excited to learn more about home ownership with you all. 

Curious why any tax pro would argue with that.If filing state tax returns did not take any time or money, then there is no harm in filing them.

While permits for ULS may take up to 1.5 years, MDUD projects can proceed faster, provided all requirements are met.Let’s break down the numbers for San Ysidro, a promising area for development.