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Updated about 3 years ago,

User Stats

14
Posts
6
Votes
Felipe Lecaros
6
Votes |
14
Posts

Picking your brain on partnerships

Felipe Lecaros
Posted

Hello everybody,

I am hoping to pick the brains of experienced investors on the topic ofinvesting in partnership with a foreign partner.

The question is how would you structure deals with a foreign partner, considering the following information:

1. I am a US citizen investing (from overseas)on SFH and small multifamily.

2. I have family and friends overseas (that are not US citizens) who want to invest (along with me) in the U.S RE market for long-term asset protection (not necessarily to get any cash flow) 

3. I would like to offer an investment structure that do not force foreign partners to declare and pay taxes in the US.

4. I could structure the deals sharing equity (putting different amounts for the down payment) or simply, for me as a general partner, getting all the cash flow for a number of years.

5. I will be the one guaranteeing the (commercial?) loan used to buy the properties through an LLC.

6. I want to find a fair way tocompensate me for knowing the business, finding the market, finding the deal, structuring it, do all the legal work, manage the managers, etc. and the other (limited) partner gets to keep ownership of the property for the long term.

I am grateful for any advise. Also, reccomendations on any book on this matter would be highly appreciated (I haven´t found any).

THANKS!!

Felipe