The IRS does have limits on property transfer and I'd consult a CPA before you purchase.

The only thing to be aware of is that deprecation is reclaimed when you sell the home, unless you exchange it into another rental property.I would consult a CPA to set this up.

I know, consult a securities lawyer and I will.

To do any of the preliminary work, and learn what the process is, you’d need to talk to a local land planning type company/consultant, the ones who shepherd a project through the approval process for developers.

In 2016, I turned my back on my corporate career in marketing after decades of consulting with mega clients like The Coca-Cola Company and Cox Communications and structuring deals with the likes of Live Nation, will.i.am, General Mills, and more.

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

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

I think its great that you are helping people rebuild their credit....but I would be careful mixing that with your business, other than some basic tips, referral to some resources and doing online payments that register with the credit bureau's.Just avoid being sucked into being some form of consultant that walks them through the process and responds to every question or concern they have...that's getting a little too personal to mix in with your business.

I would consult with a licensed agent or real estate attorney in your area to ensure you are protecting yourself sufficiently and maintaining both ethical and legal conduct

Hey GaryIm not an attorney or CPA, so please consult a professional before making any decisions.That said, I've been reading up some about asset protection, and takeaways so far is:1.