I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.

There are more complicated strategies to maximize larger listings that involve having like multiple listings for same property and do individual room rentals when it is slower and then for larger length stays, larger groups, and more desirable dates you'd book the whole space, but I think its easier to just do two separate. 

Make sure every dime is deposited into the trust account.Private lending, like syndication investing, doesn’t involve many transactions.

The story was she rented the place in the 1950's, under rent control then under rent stabilization laws.

You’re going to deduct your tax prep, your internet, your cellphone, your computer, your tablet, your mileage if you’re involved in the properties, your home office, etc etc.

Overall, while multifamily properties can be lucrative, they require careful consideration of the financial and operational challenges involved.

Commercial real estate deals involve larger sums of money and require a deeper understanding of the industry, so it's important to work with someone who has expertise and experience in this space.

Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.

This one was strange because I ended up splitting the companies and partners involved in the deal so we liquidated halfway through the project. 

What paperwork needs to be involved if IRS asks?