Since she would be homesteading the property, we wouldn't have to put down 20%, therefore she would contribute 1.5% and I'd have 3.5%. 

One complicating factor is that we all plan to contribute different percentages of the down payment; we are thinking through how to account for that in the agreement (for example, the person contributing the least upfront may take on a greater share of the mortgage payments for a period of time, etc.). 

Joann Ginal (Larimer County - Fort Collins) - A fully copy of the latest draft of the Bill and our one-page summary and talking points can be found here: https://mcusercontent.com/988acf0cfce2504c029ccd116/files/066f75f4-5eaa-4f1c-9ad1-febe93e2847c/Talking_Points_from_AAMD_and_Proposed_Bill.pdf The bill would impose a moratorium on evictions against all residents (with no meaningful documented COVID related hardship) effectively giving all residents the legal ability not to pay rent for more than a year.

@Nathan McBrideThere are many components when creating a qualified opportunity fund and investing in a qualified opportunity zone.1) You want to make sure you create a proper entity and self-certify it is a QOF2) You want to make sure the funds contributed into a QOF qualify3) You want to make sure you make a timely contribution into a QOF4) You want to make sure the property purchased is within a QOZ5) You want to make sure you do a proper amount of rehabilitation to the property and in a timely fashion6) You want to make sure you hold the investment property for atleast a specific amount of timeSomething you and your accountant can gameplan.

just vet your potential partner very carefully and remember dont limit partnership to financial contribution, i have had sweat equity contribute an offer from physical contractor and it means the world to me!

Also, I'm assuming I don't get to deduct the $143 principal portion of the payment because that is contributing to my equity.I don't know why this seems confusing to me sometimes, but it does!

Ask your other sibilants to contribute to the purchasing of the property.

It's separation from the property from another degree which isn't a bad thing.And if you like that model then there's no reason to create a new LLC and contribute the property into that LLC unless you really want. 

Sorry...don't mean to sound like a parent or anything here : )If you are super passionate about this type of venture, I would find some like minded friends or family to share this investment with so that you only contribute a small part of your inheritance to it.

Currently a W2 employee contributing to 401K which has been destroyed since the start of the year and has me re-evaluating my investments.Interested to see what most investors on here do with their income?