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All Forum Posts by: Jacob Calbillo

Jacob Calbillo has started 5 posts and replied 15 times.

Buying & Selling Real Estate

Post: How do you structure partnership payouts?

Jacob CalbilloPosted
  • San Antonio, TX
  • Posts 15
  • Votes 3

I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me and send me my half every month. I am worried about the tax implications of this. How do you typically handle disbursing money in a partnership?

0 Votes
New Member Introductions

Post: Newbie from San Antonio, TX

Jacob CalbilloPosted
  • San Antonio, TX
  • Posts 15
  • Votes 3

Welcome to BP!! I am also just starting out in real estate investing. Great to have you on board!

0 Votes
Texas Real Estate Q&A Discussion Forum

Post: Wimberley, San Marcos, Canyon Lake REIA?

Jacob CalbilloPosted
  • San Antonio, TX
  • Posts 15
  • Votes 3

This is great. I live in San Antonio but went to college at Texas State University and would love to invest in the New Braunsfels/San Marcos area.

0 Votes
New Member Introductions

Post: New Member from San Antonio, TX

Jacob CalbilloPosted
  • San Antonio, TX
  • Posts 15
  • Votes 3

Thank you guys for the warm welcome! I look forward to working and growing with y'all! 

0 Votes
New Member Introductions

Post: New Member from San Antonio, TX

Jacob CalbilloPosted
  • San Antonio, TX
  • Posts 15
  • Votes 3

I am Jacob Calbillo from San Antonio, TX. I am a newbie to real estate investing but look forward to getting involved. I currently work in IT I am most interested in buy and hold investing and low money real estate to start off with. My goal is to make real estate my primary investment vehicle. I look forward to the people and conversations in this great community. 

1 Vote