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Updated over 2 years ago on . Most recent reply presented by

User Stats

208
Posts
96
Votes
Brian Orr
  • Rental Property Investor
  • Tampa, FL
96
Votes |
208
Posts

CPA / Syndicator / Attorney proficient in JV mgmnt??

Brian Orr
  • Rental Property Investor
  • Tampa, FL
Posted

Hey everyone, 

I have a question, partially legal (won't hold you to forum "advice"), about the setup of a partnership on a deal. It's mostly pertaining to the active/passive framework of a General Partner who's contributed capital, and following that, the distributions of the cash-out refinance.

I bought a 10 unit (my first commercial purchase) and as I'm set to close on refinance, I'm realizing my current attorney and CPA were unfortunately not well equipped to manage the nuances of the partnership for the deal. I would prefer to leave super specifics off of the forum (don't worry, nothing illegal at all, just want to make sure I'm doing right actually). So if anyone is looking to lend some support please link with me in a message.

That said, I am also looking to hire a new CPA for my filings this year... Please reach out!

(The property, Partnership and LLC are in North Carolina if that matters per licensing.)

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