I would split the gross profit and you and your partner can then deal individually with your taxes.

@Chace Fraser I think you're on the right path, and I feel like the ROI on a pint hanging with like minded individuals is going to prove valuable, so my hunch is that Scott and Mindy would be for it! 

I'm comfortable with TVM and am continuing to learn about different ways to wholly analyze deals concerning tax implications, individual investment strategies, financing, etc. 

i am looking for someone that has extensive knowledge and is actively wholesaling commercial apartment buildings, if anyone know of these type of individuals please, please let me know. my email: thanks

That would not only let you use the 1031 for the improvements to the new property, it would also ease the calendar angst of each individual exchange.Nice problem to have - congrats!

I also have a lawyer as an advisor that I may occasionally sit down with and pay $100 consults from time to time to ask legal questions the first meeting with this individual  is this coming Monday.Currently, I feel the situation is much better  with the tenants the  situation  that is going in  is crappy for both of us with water coming into the house but I am constantly working on remediation of the situation.

Other assets include real estate, personal property, and debts owed to an individual by others.assignmentWhen ownership of your mortgage is transferred from one company or individual to another, it is called an assignment.assumable mortgageA mortgage that can be assumed by the buyer when a home is sold.

What about private individuals that you know?

(Just get a few extra boxes to replace individual pieces as needed). 

When we post properties on the MLS (at least in my area) there is an agreement with individual sites (Zillow/Trulia etc) to allow the posting.