Partnership: I believe there must be an agreed-upon on who does what or who decides on what, and that there must be an element of trust between partners!

We try to create long term business partnerships with our investors as we want you to be successful & have a good experience so you come back to invest with us over time!

Hello all - I am a newbie investor and looking to pull the trigger very soon (within 90 days) on a multi-family property in AR, DFW and PHX area's respectively. 

We can still get agency debt, but it would require taking the property out of the LLC (aka "distributing property from the partnership) and then immediately placing the property back in the LLC (aka "contributing property to the partnership).My question....- Would this transaction trigger any negative (or positive) tax consequences? 

. - you can get the basics from BiggerPockets but I hired a mentor when I wanted to pull the trigger. 

Take a look at what AAOA's partnership with Rent Recovery has to offer - and for a flat fee:  https://www.american-apartment-owners-association.org/solutions/rent-collection/There are many other collection agencies that offer the same and other services. 

My questions now comes to creating a partnership  where 3 of us are all GP's utilizing investor's (LP) money to acquire, develop, and cash flow multifamily type developments. 

I then checked again today as I was getting ready to pull the trigger and their rate went up to 4.375%.. 

If this happens that might also trigger mortgage forgiveness also for the time being.

You never know if rate decreases will be fleeting or long term, so it is best to be in a position to pull the trigger when the rates fall.