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Updated almost 8 years ago on . Most recent reply

User Stats

107
Posts
62
Votes
Jeff Graves
  • Investor
  • Fort Worth, TX
62
Votes |
107
Posts

Structuring a partnership on a STR property on Maui

Jeff Graves
  • Investor
  • Fort Worth, TX
Posted

My wife and I currently own a vacation rental on Maui, in the Kihei area. We have recently relocated to the Fort Worth area in Texas to be close to our grandson (15 months), daughter, and son-in-law.  We are thinking about inviting a partner to have a 50% ownership interest, any ideas on how best to do that so we can pull some of the equity out, and not trigger a due on sales clause?

Our condo has performed well in the past and we do self-manage the bookings.

Thanks.

Jeff

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