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I'm just learning about hiring my children and the tax benefits. I think I understand how to do it, but am confused on one point. I'm reading online that we can hire a child up to the age of 22 but my CPA said 18. Can...
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Hey guys! I hope you all are doing well! I have a huge question that I hope you all can help me answer. I have a financial plan to purchase a duplex each for my children when they turn 5 years old, hopefully have the ...
My oldest child is about to enter college at the same time I am considering entering into the real estate investing market. Any advice about entering into a partnership with a dependent child to purchase an investment...
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Does anyone have ideas for handling problem children? The Parents are clearly not in control of the actions of their children. Rock Throwing / Fighting / General mischief / Outside unattended at Night
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I have heard of some investors buying an investment property and allowing son/daughter to live in house and rent out other bedrooms. How has this worked out for some of you? Is this a sound method when your children...
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Don’t listen to episode 250 with your children around. They bleeped a few things but some pretty crude and vulgar stuff was allowed to be said and at one point it got pretty creepy. Pretty disappointed. You are better...
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Recently listened to a BP podcast where guest mentioned this and hoping someone knows which episode it was. Would also love to hear from anyone who uses this strategy. Thanks!
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My LLC currently consists of my wife and me. Of our 3 daughters, we noticed our youngest (13) has a strong desire in real estate investment since she was 10. Clearly there’s a lot can happen as she grows up but I wann...
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Hello BP Community,This question is for investors who have small children, especially women who have a job and invest in real estate while raising a family. How do you make time to work on your real estate dreams? Wha...
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I showed a 3 bedroom apartment today to a couple with 4 children. During the showing the kids were slamming doors and stomping around loudly. The number of kids is not an issue ( and I obviously can't deny them becaus...