3 March 2019 | 5 replies
At that time you can create a property management company that collects all funds and then distributes the funds to appropriate account.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/249595/small_1694780282-avatar-toastandjam.jpg?twic=v1/output=image&v=2)
3 March 2019 | 7 replies
The key building systems are the plumbing system, electrical system, HVAC system, elevator system, escalator system, fire protection and alarm system, gas distribution system, and the security system.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/794309/small_1621497566-avatar-tannerm13.jpg?twic=v1/output=image&v=2)
17 March 2019 | 17 replies
So, if you reached out to me with such a proposition, I'd probably explore something along the lines if setting up a blind fund whereby your returns would stay in the fund and be reinvested and compounded until such time that you wanted to start taking distributions.Note - you would have tax liabilities in the meantime, so you'd likely want to take enough distribution to cover those.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/769387/small_1694633884-avatar-ms8172.jpg?twic=v1/output=image&v=2)
8 April 2019 | 15 replies
@Marty SummersOf course, if you take a distribution from your retirement account you will have to pay the taxes and (likely) penalties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1290508/small_1694937439-avatar-karlak15.jpg?twic=v1/output=image&v=2)
7 March 2019 | 6 replies
A good FAQ page on this law: http://ag.ks.gov/open-govt/kora-faq)KORA states: "No person shall knowingly sell, give or receive, for the purpose of selling or offering for sale, any property or service to persons listed therein, any list of names and addresses contained in or derived from public records … Any person subject to this section who knowingly violates the provisions of this section shall be liable for the payment of a civil penalty in an action brought by the attorney general or county or district attorney in a sum set by the court not to exceed $500 for each violation."
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/107985/small_1694675877-avatar-shann2g.jpg?twic=v1/output=image&v=2)
16 March 2019 | 16 replies
With the SFRs you have very little in the way of tax avoidance, the same cash flow derived from a large multifamily would produce virtually no taxable income through cost segregation and other means.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/618596/small_1689087802-avatar-mdrouin.jpg?twic=v1/output=image&v=2)
7 March 2019 | 16 replies
LLC interest if thats what your doing can have uneven distributions.. thats why we use themso you can own 81% of the LLC and spread the ownership to the others as you see fit.in your operating agreement you spell out how proceeds profits and loss are to be allocated.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/17916/small_1621359917-avatar-globalvillage.jpg?twic=v1/output=image&v=2)
4 March 2019 | 4 replies
We have a checkbook controlled SDIRA LLC with membership as follows:25% My Roth IRA25% My wife's Roth IRA50% My cousin's wife Marilyn's traditional IRAIn 2019 Marilyn has to start taking required minimum distributions from her IRA, and all of her IRA funds are invested in our LLC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1208950/small_1621510222-avatar-tiffanys86.jpg?twic=v1/output=image&v=2)
4 March 2019 | 6 replies
I am in a similar situation where for estate planning purposes I have ownership interest in three properties, but do not derive rental income from them or pay for the taxes or HOA myself, but every mortgage I've applied for used the taxes and HOA fees in my DTI calculation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/817192/small_1621498530-avatar-markb261.jpg?twic=v1/output=image&v=2)
4 March 2019 | 0 replies
However, I am realizing that there are a few areas we may not be considering as it relates to the partnership we look to establish.The goal is obviously to distribute free cash flow to investors based on % interest after we get leased and running.