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Updated almost 5 years ago on . Most recent reply
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!