Hi, does anyone here have experience with partnerships on STRs? Especially where partners and/or properties are out of state.My parents (in Utah) want to get some passive income and would like to partner with my wife ...
I have a private mortgage from my parents, 2 years ago, I "prepaid" 12 months of it with a bonus I recieved from work, in order to free up monthly cash flow to rent a (much larger) apartment, also from my parents. I m...
It's my understanding that someone can not use there self-directed IRA to benefit their direct family. In other words, I couldn't use my self-directed IRA to put a down-payment on a property that my brother will use ...
I play baseball at Jacksonville University and I am looking to kick start my real estate journey while I am still in college. I would like to buy a house and be able to rent it out to my teammates and once I graduate ...
I'm converting my already aged LLC into my Holding company and then creating a subsidiary LLC owned by my holding company. What's the best way to set this up in a manner that allows me to pass money through my subsidi...
My parents are looking to sell one of their properties and invest with me in future acquisitions. I suggested a 1031 exchange, so that they are not taxed. However, they want the new property to be in my LLC. Is it pos...
My wife and I currently own a 6-unit and a 3-unit. We are looking to purchase another 6-unit, but we don't have enough cash ourselves for the down payment. So we'd like to bring our parents in as partners for this inv...
I'm fully aware that without a job or cashflow, I cannot qualify for a loan, but could my parents co-sign? I want to purchase a rental property to fix up that my roommates and I could live in next year. Also, with a c...
My parents live in a home under my name. There is another tenant, call him Bob, who lives in this home and pays rent. Is it legal for Bob to pay rent to my parents instead of to me? I would like to do this because it ...
I May my one of my parents tenants in Compton, Ca caused a fire in one of their units which caused fire damage to their unit and water damage to the lower unit and adjacent unit. The fire departments report determine...