My daughter started with a house hack two years ago at 23, I started in 1994 and my parents started with a house hack in 1968.

It just always seems to fall on times where I have to be with my daughter because my wife has things going on.

My neighbor passed away, and I talked to her daughter about buying the house directly from her.

This would require us to stay in our current home another two years maybe but we have some wiggle room since our daughter is still young as long as we don’t have any health issues with our parents. 

This step-up in basis can save capital gains taxes on a later sale of the residence.For example, let’s say mom transfers the home to her daughter while retaining a life estate.

My daughter will be one of the tenants.  

Was looking for my daughter. 

When parents do call, we can show them what we communicated to their son/daughter on an issue, at a specific date/time, and anyone in the office can look up what was said and fill in the parent who might be out of the loop."

The business is clean-no debt, no production, streamlined-and the seller is offering full training.This is a purchase I'm making alongside my daughter, and we'll be overseeing operations with the help of a local hire.

If you make this investment, not only are you going to lose all your money, you're gonna get dandruff, your dog is gonna die and your daughter is gonna run off with some biker dude!"