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Updated about 6 years ago, 10/20/2018

User Stats

4
Posts
7
Votes
Sidney Reed
  • Rental Property Investor
  • Thornton, CO
7
Votes |
4
Posts

VA loan with an LLC partnership

Sidney Reed
  • Rental Property Investor
  • Thornton, CO
Posted

I've seen a few posts on this topic but none with exact answers. My friend is interested in real estate investing and can bring her VA loan to the table, while I bring my investing/landlord knowledge. We plan on house hacking a multi-unit or large single-family using the VA loan. I am not able to put my name on that loan (only spouses can), so what is the proper way to establish our partnership/LLC so we are equal partners? We will split all finances, costs, profits, etc. and want to pay the taxes the right way. (If it makes a difference for access to resources, we're in Denver, CO.)

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