My son started a small business in Los Angeles about two years ago.  

Similarly, while you could write a check out of your Solo 401k plan for a loan for someone to start up a business, you could not do so if that someone were your spouse, or your son for that matter.

To try and turn properties faster i have been paying my son $12 an hour cash and allowed him to bring in one friend who is working for $10 an hour cash.

They have a 4 but then later 5 bedroom (added suite in the huge basement) house with their sons, pets, family friends, etc coming through.

This topic was particularly interesting to me because I am also in my early 20's; only difference is that I have excellent credit.

If you had a contract you stick it to him, never pay more toa looser, it;s on him.

We have properties and I don't manage the commercials, my sons do and it is (will be) thiers.

But its also possible they know exactly what they are doing, and laying this burden on their daughter and new son in law is fine as long as it works for them.

I jumped into that deal with a commitment to make it happen, to the seller, the agent and the son living in the granny flat.

We have two children, a son 22 and a daughter 17.