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Updated almost 7 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • New York, NY
2
Votes |
12
Posts

Partnership Structure Advice - 3 Members

Account Closed
  • Rental Property Investor
  • New York, NY
Posted

Hi everyone - had a quick question regarding partnership structuring.

Including myself, I have 3 partners and we are looking to invest ~$100K.  Finally taking the leap!

If we are equally contributing capital, is their a partnership structure that would make sense for asset protection and tax purposes?  This would be our first purchase but perhaps down the line we would accumulate 2, 3, 4 properties (so maybe answer depends on time frame)

Also, if one of the members if THE key operator, is their a way to get the economics to work, or would you expect equal sharing of profits (i.e., 33.3% each)?  Curious about any precedents and what people have seen / are doing.

Thanks!

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