@Caryn Fischer You can sell your house to your child below fair market value (FMV), but the difference is treated as a gift.

Purchasing a property for your child while they attend college can be a strategic investment and a great way to provide them with stable housing.

Assuming an only child situation where you’re not screwing a sibling.

Investment Info:

Townhouse other investment in Plymouth.

Purchase price: $185,000

Cash invested: $5,000

Sale price: $220,000

Occupied by my in-laws. Rather than paying for childcare services from...

New landlord question- if I have an individual who wants to rent my place for their parent - who do I have fill out the application?  

Average child owns 8% of partnershipd.  

California also has Proposition 19 rules to consider, which might impact property tax reassessments if the transfer is not between parent and child. 

When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.

I know what my ideal life looks like in ten years, unfortunately, I don’t feel like I can have my ideal life now because I am having to stay in the state that I am in until we can move without risk of my husband losing custody of his child, which will be in about 10 years so believe it or not I do spend a lot of time thinking about what I want the future to be like.

So, Anca, your parents can 1031 from one property into more than one.