I'm not sure if the contractors are trained to exacerbate every single problem or not.We recently discovered asbestos in the compound joint.

All the best, Steven  If you're going to do a partnership or even a joint venture agreement I would highly suggest using a competent lawyer to draft your business agreement.

As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.

@Brittney Yang To structure a short-term partnership for your duplex investment, establish a joint venture or LLC with clear roles, responsibilities, and a timeline for dissolution.

for the promise of cash, especially right around the holidays.It's getting to be that time of year again and I am working on acquiring a triplex, but the owner runs a successful pizza joint and he's got plenty of money.

Qualified Joint Venture reporting is not available in this situation.

Set up a Joint account with the seller so you can make deposits to continue the automatic payments to the lender until you refinance the property.Thanks,Dustin

You can replace it as long as you own it or it is jointly owned. 

I would definitely speak with an attorney before selling/disposing of the property prior to the court addressing the joint assets - you could easily open a can of worms.

Some of these Guys are pros at selling if you can secure a deal for 50 % off why would anyone give it away their are legit joint venture partners on this site that will help you and treat you much better as a partner just post it and see what kinda response you get .Have a good day.