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Updated over 8 years ago,
splitting the profits
My partner and I formed an LLc. 50/50 partnership
I do all of the repairs.
I pay for half of the cash investment
after the sale of the property I pay for half of the supplies.
My partner pays for half of the investment
She also pays for the cost of the rehab on credit until the property sells.
As of our last home she now has her real estate license
How do we determine the value of what each of us do