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Updated over 13 years ago,

Purnell C.'s profile image
Purnell C.'s profile image
Purnell C.
  • Residential Real Estate Agent
  • from Livermore, California
  • Member since Mar 31, 2010
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User Stats

140
Posts
28
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Purnell C.'s profile image
Purnell C.'s profile image
Purnell C.
  • Residential Real Estate Agent
  • from Livermore, California
  • Member since Mar 31, 2010
Connect
Purnell C.
  • Residential Real Estate Agent
  • Livermore, CA
28
Votes |
140
Posts
Tax, SDIRAs & Cost Segregation

Property with family member

Purnell C.
  • Residential Real Estate Agent
  • Livermore, CA
Posted

A family member and I have an agreement that he will manage a property that I recently purchased and when we are ready to sell, he will receive a percentage of the proceeds. He would like for us to establish a partnership so that he is part owner of this property. Is there a better method of establishing a written agreement than a partnership?

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