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Updated about 2 years ago on . Most recent reply

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Buying a property but want to bring investors for the remodel

Posted

Hi all,

I want to buy a property with 20% down to my name but want to bring 3 private investors to finance the remodel, and then we would rent it out and split profits. 

- Is this feasible?

- What are the tax implications?

- What si the best structure to allow for these investors to fund the remodel and then obtain their share of profits

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