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 almost 5 years ago,
General Partnership Agreement
I'm looking for a little bit of help or guidance on forming a real estate general partnership. It would be for a shared rental (could grow to more) between 2 parties. It doesn't seem like a necessary scenario for an LLC, as there isn't really anything to protect and the new LLC wouldn't be able to qualify for the same loan, but I want to make sure the partnership is setup so that both parties can prove shared ownership for tax purposes etc. (The loan will likely just be in one person's name).
Does anybody out there have any experience with this kind of thing, or any tips? Thank you very much!