Kind of in a holding pattern right now, but we are looking at some land to possibly put up storage units.

Or the Judge could treat them as having ownership in the property and then you would have to foreclose on them, and depending on the state  you might have to deal with a redemption period, up to one year after the foreclosure where the prop is in a holding pattern.

I’m noticing patterns in what’s legit and what’s not.

No effect on long term value unless it becomes a pattern.

It seems you have a pattern of asking incomplete questions.

He’s been late at least three months and a pattern has been established.

Cycles happen, and there are patterns, but I don't count on them.

here appear to be a lot of discussions about partnership/JV splits when 1 party is all money and the other party is all sweat/brains.I'm curious about slightly different split of finance/equity and I'm also referring to buy and hold (not flip) cases.Fact Pattern:-Party A: Currently owns properties, property management experience, wide network of subcontractors/maintenance, good at valuing improvement costs, realtor license, etc.

  ; )I'm going to assume you're not in the 'trade or business' of lending money, as the fact pattern laid out neither explicitly states nor suggests it.If so, as an individual you're on the cash basis method of accounting (with limited exception) and shouldn't have recognized any interest income so far.Your basis in the acquired property is your basis in the loan plus acquisition costs.Your holding period in the property begins on the date you acquired the property. 

People who got killed in the last fallout were generally leveraged to the hilt and assumed growth would always continue in a linear and upward pattern.