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All Forum Posts by: David Fan

David Fan has started 4 posts and replied 9 times.

Thanks again for everyone's help. I'll definitely have to consult with a CPA but I think having a JV agreement with separate entities might be the best way to offset the capital investor income. I think timing just needs to be accurate from my understanding in order to deduct.

Would a way be to create a JV LLC entity and have them essentially be a partner in the flip. That way they have their name on title since the LLC is on title. Thank you everyone for your help!

Thanks for your response! I appreciate it. What I'm referring to is if people are putting money with us for the fix and flips, if there's a way for them to deduct their taxes as private/capital investors.

Hello all, we have many high net worth individuals that around the same time every year (November-December), are looking to inject a bunch of capital into investments for tax deductions for the fiscal year so they don't end up paying a buttload in taxes. Is there a method for us to utilize this capital as high-end flippers/developers while allowing the investors to get some sort of tax deduction for their invested capital? Any ideas would help. Thank you. 

Post: Creating a fund or just a JV

David FanPosted
  • Dallas, TX
  • Posts 9
  • Votes 4

Appreciate your input! So the moment I pool multiple people's funds, I would have to go through SEC regulations unless they're active partners in the deal?

Post: Creating a fund or just a JV

David FanPosted
  • Dallas, TX
  • Posts 9
  • Votes 4

Does anyone have a great lawyer that specializes in funds/SEC regulations? Looking to get insight on how to structure private money for fix/flips and potentially pooling money. Thank you 

Hello everyone,

I'm working with a partner who's an established high-end flipper and developer. I'm looking to see if anyone has found an underwriting model to do deal analysis for tear down/rebuilds, fix-flips or ground up development for SFR. Needing to build out an analysis to present to potential funding partners and the model would ideally include pay-out structure for the funding partner too. Any advice would be appreciated. Thank you.

Hello Mark! Appreciate it. The one that we're currently looking at is already developed in Virginia but is in disarray. Would love to see what costs are associated with rebuild/rehab? Is messaging you in BP the best way of contact?

We ended up passing on the one in SC. 

Currently looking at a development opportunity with included site plan. Looking to see if someone could give us a quote for the development cost.