Updated over 8 years ago on .
Best structure for a 4 person partnership...
Hey everyone...any thoughts on the best structure both for protections and tax advantages for a 4 person partnership?
Our goal is to build a portfolio of properties around the BRRR model using a portfolio lender.
3 people are putting up the money....1 person is actively managing the projects.
What's a fair equity split as these aren't flips....but buy and holds?
Any tax considerations that would make an LLC the wrong container?
Finally, any thoughts on a competitive rate for a portfolio lender? I know it'll be higher than conventional, but how much?