We plan to sell it within the year, as soon as we can get it market-ready.We have high out-of-pocket costs.Our daughter has a learning disability and attends a private school with $40K/year tuition.

My wife daughter and I vacationed in Ambergris Caye Spring Break 2021. 

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.

We have had a lot of life changes recently, including the birth of our first daughter, but currently have very little expenses as we are staying with her parents for the time being and wanted to take advantage of this opportunity to begin to create long term financial moves.I am interested in long term rentals, single or multifamily homes and I am wondering if anyone here has experience with markets in west Kentucky and what your experience has been.

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.