If he was solely used for funding, no part in flip/or rehab costs- what is the appropriate amount (%) of profit would be fair for him to take?

These numbers are appropriate to make math easy...My situation:- purchased for $160k.- $15k in depreciation - looking to sell it for around $250k- i currently owe $120k on the mortgage. - for simplicity, assuming about $20k in cost to sell (realtor, closing, etc.)I think this means:- my basis $145k (160-15) - my net sale price is $230 (250-20)- i walk away with $110 in cash (230-120)- of that cash, $70k is "taxable gains", $15k is taxed as "depreciation recapture", and $25 is just mine.So, i have a few questions:1.

A good way to think about LLCs is when they are managed appropriately, they function like a company owned by someone else.

Even as we speak, forces are moving to develop and incorporate tiny home specific building code at the appropriate levels.Normalization is the key at this point.

End of the day you will survive an audit if the individual owners of the operating company report the appropriate passive income 

If you're buying for the long term, then that won't be a problem, but maybe don't be disappointed if it's flat for the next 2-3 years.These are the conditions I feel like it a would be appropriate to buy with your parents:- Your parents contribute the down payment, but you pay everything else (PITI, HOA, and maintenance.  

Keep in mind vineyards in Oregon many times are on pretty steep slopes that are not appropriate for housing that's why she says south facing slopes... and the state land use laws area exactly as you denoted. they encourage Hi density and in the ag areas you need 160 acres for one home.. some of it can be zoned for 20s etc.. but by and large this all passed in the late 70s. 

You must take the remodel and depreciate it appropriately per the tax code. 

This is presumably after I use the BP calcs to figure out the appropriate number to offer along with a contractors numbers.

., extensive renovation/rehabilitation activities), the FHA 223(f) loan program is probably a good starting point.