For long-term planning, consider transferring the property into a trust to manage tax and legal complexities.This post does not create a CPA-Client relationship.

Originally posted by @Thomas S.

Originally posted by @Greg O'Brien:@Tim Silvers where did you end up and how is it going?

Hi @Mirna Chinchilla, welcome to the BP Forum and I just came across your post!

If you find a seller willing to carry a large note, that business is likely going to need a significant time and money investment from you post-close.Lesson 3️⃣ - It’s not that hard to be a good buyer.

This post does not create a CPA-Client relationship.

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

Adam - I know you posted this a while ago so things might have changed, but I'm invested with Broadstreet and have a relationship with some of their team so let me know if I can help in any way!

I thought I would add onto this older post, but I'm curious if anyone has any feedback on Sherman from an MTR or STR Strategy. 

Setting up an LLC may allow for deductible expenses, and investing in municipal bonds could provide tax-free interest.This post does not create a CPA-Client relationship.