Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on .
Most recent reply
presented by

Minor child as investor
My under-10 year old has $500 in her savings account. As a teaching opportunity, we were going to let her 'invest' in our next property purchase. In return, she will receive her allocated portion of net earnings each month that she will be required to put back into her savings account. Trying to show her that she can earn a lot more by investing her money in real estate instead of a savings account. I don't want to blindly enter into any tax or legal problems out of ignorance. Any red flags with this scenario that I should be aware of? Any insight would be grately appreciated!