Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Joint Venture Agreement Clause needed
Hi BP Community,
I'm entering into a JV to purchase and rehab a property where I will be the operating partner and the 2nd party will be the capital partner.
We're working on JV agreement and we need a clause in there that would cover his capital investment in the rare event that the property does not sell for more than what he has invested. (ie: he has 100k in and it ends up selling for 80k.)
Thanks,
Ariel