JV can be very complex (and rightfully so) and most of the time, you want to avoid them, unless you have experience to navigate that field well. 

There is nothing wrong with putting in basic finishes that provide adequate quality of life to tenants. if you go to large apartment complexes, this is what most of the middle of the road ones do. if you do it in a home, you will probably get the same quality tenants paying similar rates.

The real estate game is very new to us, it's complex and exciting, but we couldn't be happier!

I've bought 35+ deals, no condos yet.I am thinking about creating a condo complex, however, and profiting from those HOA fees. 

It's a 24 unit apartment complex in Pocatello, Idaho.

Im wanting to know if someone has ever built a new construction apartment complex and cashed out their initial investment at the end if the loan to value worked out.

Hello everyone,I am starting to search for an apartment complex in Indianapolis.

If so, then from your perspective the transaction is treated as though the LLC distributed all of its assets to the members (including you) in liquidation according to the distribution provisions of the operating agreement, and then you purchased from the other members the assets that would have deemed to have been liquidated to them in this hypothetical liquidation scenario.Of course there are some complexities here (are there any built-in gains?

The industry term for this is “dealer property” there is a great deal of case law on the issue as to what you should be considering in performing this analysis.If the property is treated as inventory, the gain is ordinary income, not capital gain.A conservative approach is to hold the property 2-years post completion to treat it as a capital asset.You should speak to your tax advisor on this issue as it is a complex analysis.

So, what he sent me was a 10 unit small apartment complex.