Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
How to structure a partnership
I am looking to close a big deal on a multifamily rental unit. instead of going solo and expensive investor financing I have a network of friends with cash. All if them will joining the deal as partners. To keep it simple everyone will investing equal amount of money.
Has anyone done a partnership like that ? What type of legal entity will give maximum tax benefit. LLC or LLP?