@Gary CliseleAny property you own, or have beneficial ownership interest in, unless specifically exempt from creditor attachment by either Federal or state law, is subject to potential creditor taking.The extent that the various “asset protection” plans work will be determined by (1) the type of plan and or (2) the extent creditors will go to chase assets.The plan with the most success are those plans in which assets are accumulated in entities that are exempt from creditor attachment by either Federal, or state law.

Like this one:https://www.biggerpockets.com/forums/517/topics/707238-11-preferred-return-30-ownership-in-a-hotel-in-wisconsinI've been investing since 1999 and I've done really, really well in 2008-2010 (during the recession).

The best way to find them is to send out mailers.Some good lists to target are Absentee Owners with Equity, Seniors with Long-time Ownership and Homeowners with Low Financial Stability Scores.You can work with a list broker to optimize your list for your area.

This would have eliminated an appliance ownership headache we're dealing with now.

When you say inherit, I'm assuming you mean from someone other than a spouse (which would have it's own rules based on type of ownership of property and if you live in a community property state or not).If not a spouse, you or the individual receiving the property will receive a step up in the basis of the property to the Fair Market Value at the time of death. 

I said you shouldn’t have taken the money, you had no right, she knew a change in ownership was happening.

The vacation space rents since It’s deeded ownership.

I won't pay off his arrears and get him current if it's not going to guarantee me home ownership.

So far so good but only a few months into ownership and dealing with turnover in 1 of the 5 units.

This would leave him with 75% ownership and me with 25% ownership in the LLC that now owns and interest in the syndication restricted to accredited investors that I wanted to purchase but would not be able to since I could not be verified on my own.I believe if my Dad and I formed the LLC together to start we would not be able to purchase the units in the syndication as 506(c) requires verification of all members in the LLC at the time of purchase.My first thought is that this strategy wouldn't technically be allowed under the law because it is basically the same thing as the example right above but how would anyone ever really find out if my dad later sold me shares in his LLC?