This makes a strong partnership agreement critical to protect your interests.Legal and Tax Implications: Consult with a real estate attorney to formalize your agreement and ensure compliance with local laws.4.

Since non-permitted work could impact insurance or liability, I’d consult local authorities, hire professionals, and confirm zoning compliance to ensure a smooth process.Good luck!

Consult an attorney and tax advisor to structure the arrangement legally and effectively.This post does not create a CPA-Client relationship.

Have you ever hired a consultant to create a site plan for you?

Use customized leases with state-specific templates and consult a lawyer for complex issues.

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

Hey Nitesh, glad you came to BP for consultation.

Easier for you to monitor & manage you property while building your portfolio.

I would love to JV with someone that has experience in this arena so I can learn the niche or a consultation/mentor fee, whatever is acceptable.

As a "retired" public accountant and tax consultant I perform a lot of detailed ROI analysis for my clients.