It’s all about surrounding yourself with like-minded people who have the same goals, and you’re definitely in the right place with BP for that.

Instead, it files a Partnership Tax Return (Form 1065).- The profits are then “passed through” to you and your partner.

Thanks for the tip.

We have experience purchasing properties through our LLC using lending, where we own 100% of the properties.

Hi Chris,Start by networking through BiggerPockets, local real estate meetups, LinkedIn, and self-storage investor groups.

Here is my Cliff Notes on this elaborate example:If you have unused losses from the past, they might significantly soften the tax blow from a profitable sale.I don't see how this is called "strategic play" or "premium lemonade."

How many units are you including in the $67,200? 

Plus, Cleveland has the Cleveland Clinic, one of the top hospitals in the U.S.

Go to an attorney specializing in Texas real estate transactions who can set the whole thing up - if the attorney you're using is not familiar with the optimal ways to insure wraps you're using the wrong attorney. 

You will suffer.PMC 2 may not be playing "fair":1) What's the penalty if they don't rent the other unit in 21 days for $1350?