Your wife as conservator/guardian has an obligation to her mother and selling the property to herself creates a conflict of interest in that she stands to benefit as the buyer and is also making decisions for someone else as the seller.2.

If you plan to own real estate for a lifetime, this can be a huge benefit to your heirs. 

Originally posted by @Kevin Collins:@Ricardo R.From my experience so far it looks like the benefit of turnkey from REI is purely on the property management side (also tbd as they’ve yet to manage it). 

The meet up I went to a number of times in San Antonio was more for the benefit of the owner of the meet up.

Instead of paying this $6M to the IRS, they now are earning interest on this extra $6M and living off of the interest for as long as they want to while the funds are invested in stock, bonds, multiple funds or back into real estate at their own timing (all capital gains tax deferred).Here are the Benefits of a Deferred Sales Trust (DST) and buying real estate through the DST vs 1031 exchange1) Timing- Sell High and Buy Low: Partner with the Deferred Sales Trust (up to 80% of the funds) and buyback into and back out of real estate.

. #3: onshoring base-line manufacturing (a) creates more employment opportunities for both skilled and unskilled labor (b) creates more employment opportunities of jobs that elevate and train unskilled too skilled labor  (c) raises base-line wages and benefits via competition for unskilled labor (d) elevates the entire economic chain via more domestic circulation of $ and (e) less exporting of USD #4: stopping illegal immigration defends and protects legal immigration.

(and depreciation & other tax benefits 🙂)

Using a heloc as 1st mortgage really only has a major benefit if you have idol cash sitting around from your paychecks. 

Paying off the mortgages negates one of the biggest benefits of investing in real estate, leverage.

Real Estate is definitely a long game and you will see the benefits of it within a few years even if you don't see it right away.