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Partnership profit percentages??
My partners and I wanted to pose this question to BP as we're going back and forth with no resolution - we're hoping for some outside advice.
Very basic understanding of the structure of our partnership is:
A - 45% investor
B- 45% investor
C- 10% investor (but has the background, skill set, and licenses to find/analyze the properties, negotiate, purchase, and is the local boots on the ground).
These properties will either be fix-flip or long term holds (utilizing management companies).
How would you split the profits if not being reinvested? 40-40-20%? 33%-33-33?
Thanks!