Normally, it's offered to the other partners first and they can either both buy it to equalize the partnership or maybe one can buy it to take percentage ownership.I think you could handle this through a real estate attorney easily.

Not normally, although technically it might be the same ownership companies don't like to combine the personal, LLC, partnerships etc.

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

We are considering doing a 50/50 partnership where he will provide the management/operations and I would provide the down payment.

But now that I've given notice that I'm switching this month, the old PM is outright refusing to send the ex-tenants to collections as they are "no longer under contract, our partnership is considered terminated and we are not able to represent you in any way."

There are no stupid questions and there are many successful partnerships that have been created within the BIA family.

For me, I would, put together a prospectus for the STR and approach my friends and family to see if they would be interested in a partnership on it.

Looking for some advice on how to structure my first partnership.

But now I feel a little stuck because this experience hasn't been good and I'm stuck in a partnership I'm not comfortable with.

Hello, everyone, I would like to speak with an attorney about my options to set up a partnership but I’m unsure about what type of attorney I will need for each potential situation.