Property managing for a family memeber
DH recently purchased and is finishing renovations on a SF home and the plan is to buy and hold for a few years. The house is in his name only, and will get moved to an LLC soon.
I finished the Property Management course (you need a license in SC) and am planning to sit for the exam.
We had the idea of me opening up a PM company in order to manage my husband's property. Anyone have opinions of whether or not this is an okay idea? Are there legal or tax issues that would over complicate trying to keep money in the family?