However, if you live in the half that is rented, make sure you are paying market rent and have a lease drawn up to avoid family problems (eg your siblings feeling like they bought a home, so you could have your own place).

I created a similar event with my own dad and siblings. 

Hi all, I am looking to team up with a sibling on a deal and am looking for guidance on how people typically structure partnerships.

Note: you can Never hire a parent, sibling, child,grand child or yourself to work on the property and none of these people can live in the property.    5.

Being a good father, husband, son, sibling, friend, mentor, etc.HAPPY HOLIDAYS EVERYONE! 

A rich parent or sibling that believes in your RE vision. 

Problem is, me and my siblings are also beneficiaries.How do I find out if the house is really company owned, and can the trustee make it so that no one can see this. 

Even though my wife is executrix, she shared the estate with two siblings and one thing she had to do before proceeding is she has to obtain a letter from her siblings that they had no objections to how the assets are distributed.

(He has not taken a salary from the nonprofit in 20 years- but the proceeds go to a cause he cares deeply about)  Currently, my sibling and I own 40% of the building, and the nonprofit owns 60%.

It required the seller wanting to sell to us and decide to be willing to owner finance 75% and coming across a group of siblings looking for a 1031 that we were able to partner with.