Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

My parents have died over the past 4 years and my family had to fix up the family house and sell it.

I know the range of markets in the title is quite wide but like I said I am early on in the process and wanted to pick markets where I spend time during the offseason (I spend most of the offseason in New Jersey but spend time visitng parents and grandparents in south carolina and florida).  

Think that the parents need a primary bedroom, that leaves 3 for kids.

Gen Z Is Dominating Their Parents in Homeownership

Hi everyone,Last year, I created an LLC, but I haven't purchased any properties yet.I would like to buy a property close to where we live, in which my wife's parents will live for some years.

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

I told my parents when prices drop maybe I'll get a property in Clearwater. 

Do you have someone who can co-sign a loan (ie a parent)?  

Someone told me to treat the transfer as 1 for 1, and then treat the 2nd lot separately as a gift donation.