I am actually glad I went through this as I was expecting the sum to be much more.  

DC is actually relatively cheaper cost of living than the Bay area so that is promising too. 

I was just hoping to take advantage of whatever capital she does have, and making it go further by investing it in real estate.Work it out on paper how much she'd actually get in return as it may not be a lot. 

As for the insurance certificates- make sure you are actually being added as additional insured and not merely a certificate holders.

They may even start an actual audit of your tax return.What about private lenders then?

I agree that Joe's response is accurate.....in Texas (Actually, I have no idea because I'm not licensed in Texas, but let's take his word for it.)However, in Florida, real estate agents are presumed to be transaction brokers unless otherwise documented.

It is very good at keeping things in the right place and up to date. 

Quote from @Michael McCollough: It would help to see actual numbers.You would borrow 50% of your current home's value with an interest rate of 7%.

If the money is that important to you - you probably owe 2/5 or 4/7 cost based on Actual invoice with previous invoice with your unit number showing when they last changed it.

If you want to change to cost seg allocations in 2023, the 3115 essentially calculates what amount would have been taken in prior years had the cost seg allocation been used for those years, then it backs out what was actually taken to arrive at the catch up amount (called a 481(a) adjustment).