Always consult with your attorney before you rely on the above information.

Worked as a building construction consultant for 10 years, built and renovated new homes.

Worked as a building construction consultant for 10 years, built and renovated new homes.

Worked as a building construction consultant for 10 years, built and renovated new homes.

Again, consult your lease terms about who can give notice and with what advance notice time.Situations do happen in people's lives, but this is a home for them, and a business for you. 

@Sandy S. you should consult with an attorney, but here is what the state has to say about security depositshttps://www.state.nj.us/dca/di...

And lastly as a disclaimer, if you are in an agency relationship then please disregard all of this and consult your agent.

Always consult with your attorney before you rely on the above information.

would definitely consult an attorney as this is a very unique situation. 

Investing in a property that you will be living in while splitting ownership will complicate the situation come tax time, and may disallow passive activity losses for your daughter.It is definitely possible to structure this deal to potentially work, but will require a lot of consultation to make sure all your i's are dotted and t's are crossed if you happen to be selected for audit depending on how the invested property is used (rental activity (schedule E) vs itemized deductions(schedule A)).