I am 26 years old and unfortunately just returned to college so between my wife and I we make roughly 65-69k a year ( previously making 115k). We own our house however still on most of it and we both own are cars in full.
My father has decided to invest in each one of his children, and started a family investing business to do so, just a basic LLC. His first project he bought a Hefty amount of land, with a day care and a house on the lot. Lucky for him he has people that were willing to fix up the place in stead of paying rent. After only 6 months a new investor dropped an offer they couldn't refuse, and because of this they are walking away with 200k from initial investment of 600k. Well the paper work of selling this land takes place in April and my father has asked me to do some digging of my own to find out how I could contribute. The reason why I'd like to have it done before December is to prevent my brother and father taking a tax hit on the cash return they made and re-invest it. So I'm asking with a potential investment of 200k-800k what would be a less risky way of putting that kind of money into anything. We are not looking to make a ROI over night however anything from 5-15 years would be nice. Any suggestions are welcome! Thank you for your help!
Submitted February 06, 2017 at 08:35AM by marshmun http://ift.tt/2kyStrG
