I keep hearing people saying they have set up LLC with their children who are minors and bought homes with it. I spoke to my attorney today, here in AZ, and he stated this isn’t possible. Only if I create a trust then...
Recently with covid I have struggled to find a consistent schedule for real estate. My husband works a w2 job which hours very and we have 2 babies under 2. We have chosen to keep our children home from daycare and l...
We are selling our home and relocating to a new house that has a nice apartment built in the attached garage. We are considering doing a STR but curious about challenges of having guest while raising three children. ...
Hello bigger pockets family. I understand that this question is more philosophical in nature than investment related; hence why I've posted under the "off topic" umbrella. That said, I'm hoping to gain some insight f...
I always dreamed of having the opportunity to work alongside one of my children, and that dream became a reality not long ago. A few months back, my son, a talented software engineer, and I, a real estate broker and i...
Can Condo bylaws limit the # of children?We have rented a 2 BR condo to a single mother and her 3 children. Now the Condo board is telling us that we have exceeded the maximum # of children per unit. Is that even le...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $275,000
Cash invested: $5,000
4 BD, 2.5 BA 2704 sqft SFH currently rented out as of 5/2017.
What made you...
Parents, what do you do to teach your children about real estate investing?
I have a 5 year old daughter who is interested in “fixing houses with Dad” As we all know, fixing houses is only half the fun. The other pa...
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of new creative tax planning strategies, i...
Investment Info:
Single-family residence buy & hold investment in Mount Holly.
Purchase price: $225,000
Cash invested: $50,000
First Single Family Home Rental. Great learning experience not witho...