Life is good, they decide to have a child between them, and they are successful at doing as they planned.

Boyfriend (BF) has 1 child, bad credit, collections, late payments and is willing to break his current lease to move in with Girlfriend (GF) to rent my home.

I have no problem with that, I get it, there is child support, etc. 

This would be an exempt transaction even though it would be secured by owner-occupied property.Here are some examples of loans secured by non-owner occupied real estate that would require compliance with Dodd-Frank:A loan secured by an office building where the primary use of the money would be to take the family on vacation.A loan secured by a shopping center where the primary use of the money would be to buy a family car or to remodel their personal residence or send a child to college.In general, if the money is used for a business purpose then the loan would be exempt from Dodd-Frank whether or not it was secured by an owner-occupied property.

In the case of flipping do you have a parent LLC and create a child LLC for each project?

Hi,We are non-resident foreigners who are interested in buying a condo in Michigan for our son who is a US citizen (9). He will most likely live in the US in the future (for college etc.) How is the best way to reduce...

Filing separately can adversely impact the following tax benefits: In most cases you cannot claim the credit for Child and Dependent Care Expenses.You cannot claim the Earned Income Credit.You cannot claim any education credits.You cannot claim the adjustment for Student Loan Interest.You cannot claim the exemption for interest on EE bonds used for education.Your Child Tax Credit is half what it would be on a joint return.Your Capital Loss limit is cut in half.Your Saver's Credit is cut in half.You cannot claim passive losses on real estate rental property (if you still live with spouse)Your Alternative Minimum Tax Exemption is cut in half.Your standard deduction is cut in half.If your spouse itemizes you can't take the standard deduction at all.You expose more Social Security to being taxed.You cannot claim the adoption credit, and if you received adoption benefits from your employer they are now taxable.Not really a tax benefit, but if you file separately your tax preparer will charge you for preparing two returns.

Not to mention, many of the tax breaks we count on like child dependents, mortgage interest and such won't be as applicable because our kids will be grown and houses paid off.

A child is sold some land for a home while the parents keep the farm.

Most of them are real estate dick heads or network marketing mobsters who treat you like your a child.