If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.

I'm looking to create a slight shift in my lifestyle, where I can ease up a bit on practicing and supplement my income with more passive revenue streams.

The idea of flexible hours can quickly turn into 24/7 availability.Solution: Create a routine, time-block tasks, and set clear boundaries.

I took the time to check out his site as i was curious.. and its a mastermind.. what i think could add value is that the frequency is there to keep someone on track.. the mastermind i went to is just quarterly then you hook up on facebook and facebook is basically showing all the members and their wives on the latest and greatest world trip they took or the building they just bought.. not a lot of real help for someone trying to get from here to there.. i think in that group most of them had on going business's like myself and there is fine tuning being done IE how to run a staff how to implimnet VA's how to run your sales crews .. other types of marketing ideas and tips.. this one looked to be not quite as real estate centric but I could be wrong as he had to add in passive income which of course is the buzz word for most who think that is what is going to create a better life for them ..  

The recent surge in natural disasters has created an "Armageddon effect" on the real estate industry.

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

Fort Collins did it since the 1960s and only recently created a law against it because of rent rates.

I’ve got a few rental properties under my belt and am now diving into value-add multifamily projects to grow my portfolio.My focus is simple: build wealth, create opportunities, and enjoy the process along the way.

Figure out ways to enforce rules to protect yourself and the other renters.

If tax rules come back with 100% accelerated depreciation all of our costs except buildings could be written off in year one.Just part of the risk of developing properties.