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Updated about 4 years ago on . Most recent reply

Stephanie D.'s profile image
Stephanie D.'s profile image
Stephanie D.
  • Rental Property Investor
  • from Lansdowne, PA
  • Member since Mar 5, 2014
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Stephanie D.'s profile image
Stephanie D.'s profile image
Stephanie D.
  • Rental Property Investor
  • from Lansdowne, PA
  • Member since Mar 5, 2014
Connect
Stephanie D.
  • Rental Property Investor
  • Lansdowne, PA
20
Votes |
60
Posts
Buying & Selling Real Estate

JV's Setup and Tax Implications

Stephanie D.
  • Rental Property Investor
  • Lansdowne, PA
Posted

Hi - I am seeking legal advise on how to setup JV's and to understand tax implications when partnership is dissolved.

My partners and I have an operating entity. We wan to keep our current entity as the lead umbrella. Others are interested in partnering with us on new deals. I would like to setup a JV for each deal as the investors may vary. May someone direct me on the best way to do this. Can I setup a JV via an agreement or does it need to be a legal entity?

Appreciate your directions. 

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Stephanie D.'s profile image
Stephanie D.'s profile image
Stephanie D.
  • Rental Property Investor
  • from Lansdowne, PA
  • Member since Mar 5, 2014
Connect

User Stats

60
Posts
20
Votes
Stephanie D.'s profile image
Stephanie D.'s profile image
Stephanie D.
  • Rental Property Investor
  • from Lansdowne, PA
  • Member since Mar 5, 2014
Connect
Stephanie D.
  • Rental Property Investor
  • Lansdowne, PA
20
Votes |
60
Posts
Stephanie D.
  • Rental Property Investor
  • Lansdowne, PA
Replied

Thanks @Bill Hampton.  I will likely reach out as operations are in GA.  

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