.: Quote from @Grant Shipman: The Rise of Co-Living: As Airbnb Faces Restrictions, New Housing Models Win in Court 🏡⚖️Across the country, cities are tightening regulations on Airbnb and short-term rentals, making it harder for property owners to operate legally.

Quote from @Cheryl Abram: What legal filed docs are LPs entitled to see to help validate a deal's failure?

It's advisable to formalize the partnership with a legal agreement, ideally drafted by an attorney.

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

Is this legal?

The intent of my original post was to provide a factual, comprehensive review of your services and investment recommendation based on your extensive due diligence.

Legal and Regulatory HurdlesReal estate transactions involve legal complexities that can overwhelm newcomers.Solution: Learn about legal requirements early on and seek professional advice when needed.

Their services increase the odds of tenants renewing and staying longer.Handling Evictions & Problem Tenants: A good PM handles problems quickly and efficiently.

For comparison purposes, I hold ownership units in a LLC that owns a retail/service center where there is a mortgage loan that initially represented 50% of value, now about 35%.  

Looks like they're trying to sell lending services through their app.