A partner and I own a rental SFR as Joint Tennants with 50% ownership each.

- What are some of the most important aspects of successful Joint Venture?

If you are wanting a shorter term investment, you could  bring cash to Joint Venture/partnership.

If you are married and file a joint return, the tax-free amount doubles to $500,000.

I have been tasked with removing a family member from a joint Tennant coronership. who fills out an affidavit of death and a preliminary change of ownership.

Robert,Not yet, but I'll tell you what I just got off the phone with one of my close buddys that practices real estate in Florida and he is open to doing a joint venture on an apartment building in Ohio.

If you’re interested in doing a joint venture on a Midwest property we should chat.

You can exclude up to 250k if single or 500k if married filing jointly as long as you lived there for 2 out of the last 5 years.

Because of the above financial requirements most people end up doing partnerships, joint ventures, or syndications.

With our joint income, we’d have about 40k a year to invest.We’re pretty flexible people and don’t mind the lifestyle choice behind either option.