Communication and setting expectations are key to any smooth financial transaction. 

I'm not sure if that would bring in enough money but it would certainly make things easier financially speaking while you built up your real estate portfolio. 

To avoid unnecessary liabilities, delaying acceptance or exploring a cash alternative may be the safest financial option.This post does not create a CPA-Client relationship.

Can you believe how much time and information Tax, 1031 exchange, accounting, and financial experts give away here?

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

you know a singing partner /  financial net worth partner ??

Any guidance is appreciated and I know it's not tax nor financial advice, just your thoughts.

They love the idea of wealth, financial freedom, but don't want to put their own financials on the line.

Consider both the financial cost and the time commitment.Have I researched the program?

I would think in most situations the original owner is in financial trouble, probably delinquent on their mortgage and facing foreclosure.