I don't know how those VHCOL academic institutions set this up for their faculty, but there must be a way and have worked out for many.How does this plan compare to forming (or buying) an REIT?
I believe there are some tax benefits for owner-occupied property owners; would those still apply if 30% of the property was owned by a non-occupier?
The key difference of this structure compared to REIT is that the (1) It's an investment into the single-family house market, while REITs appear to be focused on commercial real estate. (2) Ownership of the property can be different. The single-family house is majority-owned by the occupants. (not sure how they would title it and claim the tax benefits, though.)
Statistics: Posted by BetterPaws — Sat Mar 02, 2024 3:17 pm — Replies 2 — Views 173