Please reply with any information you fell would help me on my long journey ahead.I live in the UK as well, in case that makes any difference to my options!

congrats .It is good you have find this community helpful so you have given your time to this .I am sure we will also continue our journey like you with biggerpockets

I'm planning to live here while I get this journey going and then eventually flip or rent out depending on the market at the time I'm ready.Next I'd like to talk more about what I plan to do next.  

After reading, listening to podcasts, going to at least 40 different REIA meetings I met a few good people and began my journey.

I look forward to using this great resource and getting started on the Journey!  

You got to the right place in your REI journey

Good luck in your REI journey

If you do not have a partnership agreement and the assignment check was made out to you, you will have to 1099 your brother for his portion or you could end up paying the taxes on it.Your assignment fee will be taxed as ordinary income and could be subject to SE tax.It's hard to provide specific advice without knowing your whole financial situation, but I can recommend that you save some of the proceeds in a separate account for taxes.Let me know if I can be of any further assistance.Good luck on your journey and I hope this helps.Ed

Yes it came out of my pocket but It would still have had to come out of my pocket in some way as the money would not just magically appear no matter how hard I wished for it.

Need advice on where/how to start my RE journey.