As a husband and wife with a partnership llc disregarded entity we are co owners and have 5 rentals that were acquired last year (2019).

However, I'm unfamiliar with best practices in structuring partnerships...

@Kalen JordanIn most markets values have increased so rapidly in the last 5 years its triggered return requirements.

Can someone explain to me what’s a JV partnership ?

I understand that this is a very tough topic, because every deal is different. I also understand that you need to bring certain pieces to the table to have ground to stand on. With that being said, I have been having ...

Hi, I want to start investing in commercial real estate, with an Umbrella Structure, I was thinking to open an LLC in Delaware filing a partnership tax return ( I will have the 99% of interest as main owner and a corporation than I will open, it will have 1%) and then having disregarded LLC as subsidiaries, opened in the State of the property that I will buy, and with these subsidiaries, I will purchase and sale/hold properties. 

So me and my brother are going to be partner investors in our deal and after speaking to a cpa, she recommended to create an s-corp instead of an llc because of partnership regulations and a couple other draw backs.

@Pierre Luc leblondUnder federal law, nonresident investors in a Partnership must have tax withheld at the entity level.

Where I am confused is to how to best word a partnership agreement to be reimbursed and how that would affect my cost basis in relation to my partners?

I think it's more akin to a delicate partnership where everyone holds each other accountable for the job to get done.