The worst thing we have is policing for parents renting outs vacation homes for their children during prom season.The other great thing about Galveston is our convention center.

As a first time home buyer and investor, using an FHA loan, can I legally rent one of the apartment units to a parent who is on Section 8, having them as my tenants?

As a first time home buyer and investor, using an FHA loan, can I legally rent one of the apartment units to a parent who is on Section 8, having them as my tenants?

@Simon W. yea i definitely dont plan on keeping all properties on 1 LLC.1 more question in regards to the entities.if each entity owns a property, can i have 1 parent entity owning all other entities?.

My wife's parents, who currently live many miles from any family members, are going to buy it.

The closing company might have to withhold some of the proceeds to cover taxes that might be due; check with them beforehand to see if you can use a W9 to show exemption from withholding.

A social worker on the case may want work with you and be willing to send a social worker or foster parent/guardian to the home to claim some of the abandoned items for the children.

I largely did mine myself (with the help of some VAs for quick fixes), but check out the Genesis + AgentPress parent/child theme combo.

A person cannot benefit from their parents or children's IRA for example.

My parents have brought me into the Feng Shui world when their house was built in 2006.