How is your move in defined or tracked?

When we complete a exchange we have a very defined timeline with drop dead dates along the way.

Situations where roles aren't excessively defined or when one person does all the work and heavy lifting too often lead to resentment and infighting, which makes everything eventually blow up.

Have they $1100 to actually buy it..even though i did pick this industry of real estate because of the no money or credit needed aspect.

I was under the impression that a pro-rated exclusion was allowable due to "unforeseen circumstances" as the IRS defines them.

I am not considering the appreciation aspect of the equation yet, just to understand if the 2% rule better in my scenario.But for me to understand, what is the exit strategy for a Multi-family unit?

They are not going to buy investment real estate alone because they don't know how to find good deals like I do, and they're scared of many aspects of managing the asset, but I'm not.I believe this is a very powerful approach, and yes there are some kinks to work out, but it can be tackled.

Ask you banker what they are looking for, not only does tha show you value thier opinion but they will tell you what they want.There are also business organizations that provide assistance, the small business administration provides assistance and the Chamber of Commerce can point you to those that provide assistance.Keep it simple, don't over justify aspects that are generally accepted, like maintenance expenses.

So, the first thing you'll likely want to do is to dig up the rules for your state.Next, it sounds like the UPA calls for partnerships to be able to "override" the default rules to some degree (again, depending on the state rules), which would likely allow you to define your own dissolution rules, assuming everyone agrees.Personally, if it were me, and if everyone agreed on how they wanted to do things, I would just capture the agreement as part of the partnership or business entity and go from there.

Define the annual returns you want and the degree of risk you are willing to take on.After many avenues of research if the return you want has too much risk for you then you need to adjust your returns expectations or increase your risk acceptance with your money.If the dynamic is specific to your area where you live you can look outside of that area (other cities,counties,states) to find properties or investment streams that match what you want.