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Updated almost 5 years ago,
Splitting rental property with private capital investor
Hey everyone, new to BP and Brandon has fully convinced me into purchasing multifamily investment property. I'm working my first deal (woo hoo!) with a private capital investor on a small duplex. My partner is investing in the cost of the property $140k as a silent partner and I will be managing the property. We are collectively purchasing under a newly formed LLC. How do we split profits?