We play matchmaker, put our clients first in all arenas, and also manage.

As to your point about confusion in the future, it's our policy to leave the conversation and thread open and available for anyone to read, they can gather all of the information and make an informed decision for themselves based on ALL the information provided.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

At the same time you're figuring that all out, get your brother and friend under a lease, or at least, a written agreement both parties can agree on.

@Bruce Woodruff   wow that sloped ceiling description rules out almost all the sloped ceiling rooms I have been in.   

It all depends on your investor profile.

I use to tear down dozens of homes here and in Franklinton that almost blew over. not a lot in linden since they are built after 1945 and without all the major issues. 

If you do not reinvest all the proceeds, any excess amount not reinvested is immediately taxable.

You should do all the same level of due diligence you otherwise would to buy the property. 

Misclassification can lead to tax penalties.Donating to a church is fine, but tax-deductible donations have limits (usually 60% of AGI), so sending all wages wouldn’t fully offset taxes.