A little background:The property is a 1920s home in a flood zone on the south shore of LI and is affected by flooding and rising water table.

THAT'S when people groan that they got ripped off.

Not sure what new tax laws bring to the table.

You won't be sitting on a table with someone to duke it out.

For a $450,000 property with a 6.625% interest rate, the principal reduction over 5 years can be calculated using an amortization formula, revealing a significant amount of equity built through loan paydown alone.Take a look at the table below.

idk, i feel like there are necessary details missing here. but i'm also wondering if it would make sense to just reallocate the percentages based on what each person is bringing to the table. it would've been easier if you did have an LLC whose operating agreement you could just change. there's also the 'lazy' 1031 or 'reverse' 1031 where you just make the sale, then strategize with your cpa on how to offset the cap gains for that year. also worth noting: 1/3 of something is better than all of nothing. it sounds like it's not really that partnerships aren't working, it's moreso that you feel like your % is no longer fair? 

It is bad news for agents who don’t bring anything to the table besides a lawn sign and an MLS account.But today’s agreement isn’t just good news, it’s GREAT news for hardworking ethical agents.

I look forward to what y'all bring to the table.

No matter who it is, It's going to come down to how strong the deal is; bring a good deal to the table and the money will come.

On the roulette table I win 25k if black comes out.