I am seeking recommendations on how to network with investors and find those who may be interested in coming on as a joint venture/partner.

They can pay with debit/credit card, or link their bank account and do ACH.

➡️Consider joint ventures or syndication.

Support has gone down substantially imo while costs have gone up. big issue for us was the announcement lady year that tenant ACH payments were going from free to $2.50/pop, or you can cover it for $1/unit but you have to do all doors and can’t pick and choose (despite there being a beta that they announced, told me I could join, then later told me I couldn’t join bc it was too late and blamed me for not asking sooner when I literally asked right away and followed up repeatedly).

At the time of the cancellations, I found myself owning over 20 properties in partnership with various investors and joint venture partners.

**Joint Venture Agreement**: If you are partnering with another wholesaler or investor, this contract outlines the terms of the partnership and how profits will be split.

A standard 1031 exchange requires that the same entity selling the property also acquires the replacement property, which becomes challenging when proceeds are split between partners.Potential Strategy: "Drop and Swap"One approach is the "Drop and Swap" method:- Convert Ownership: Before the sale, the LLC distributes the property to the partners, converting joint ownership into individual tenants-in-common (TIC) interests.- Individual 1031 Exchanges: Each partner can then independently conduct a 1031 exchange with their share, deferring capital gains taxes by reinvesting in like-kind properties.Considerations:- Timing: The IRS may scrutinize transactions where the "drop" (distribution) and "swap" (exchange) occur in quick succession.

There is a huge problem with unlicensed wholesalers and Joint Ventures here in San Antonio.

Joint ventures or private lending can help you acquire more properties while reducing personal risk.

I would imagine the LLC will have its own EIN, but we will still report the gain/loss as pass-through income on our joint tax return.