@Michael BrunnerIf you've used it as your primary residence for at least two of the last five years, you can exclude the gain on the sale of the property from your gross income, up to $250k (or $500k of gain if married and filing jointly) under IRC § 121.

Then I would come back with a seller profile to my boss and my boss would work out some kind of solution with the seller, it could've been a sub2 deal, a joint venture deal, whatever the solution was. 

One is an joint venture on an investment property; the other is online business venture.My journey into real estate has been unorthodox - instead of focusing on acquiring properties, given my distance and lack of funds, I've focused on connecting with the right people and seeing what type of opportunities would come of it.

My first investment in Jacksonville was part of a joint venture.In fact, I planned two really long post for my meetup members - one on how to do due diligence from abroad.

But after we had tenants whose various dogs ate my porch swing, the plug off a window air conditioner (haven't a clue why the dog didn't fry himself on that one), dug holes in carpets down to the subfloor, ate the bottom off a closet door, chewed open a door and got under the house in the summer heat to stay cool and crushed a duct pipe and (in one case) were kept under the house so I got to clean feces and urine out from under there on my hands and knees....we rethought our  idea of the need for a pet fee.Gail

Often the rent amount alone will filter out families as you can usually rent student housing at a per room price that is much higher than average.As far as renting by the room or by the unit I rent by the unit, and have all occupants on the same lease "jointly and severally".

This will be a joint effort with my husband, he has been at his job for 17 years.  

The Commission spearhead a joint effort with the North American Securities Administrators Association and the Financial Industry Regulatory Authority to ensure coordinated State regulation and adoption of measured regulation that is transparent, responsive to the needs of small businesses for capital, proportional to the risks to which investors in such offerings are exposed, and capable of early implementation and ongoing enforcement. 4.

@Timothy HoodIf you will be forming a partnership, or even if you choose not to form an entity and simply joint venture into transactions, you would really want to have an attorney help you out.  

Good thing I listened to the team and they gave pretty good suggestions on what we should change to achieve better business results in 2016.For instance, because of our strategic action planning session, the Real Estate Joint Venture School was born as a way to provide a lot of value to BP Members and by doing so, meet more JV partners.So, what about you?