Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Nathan E. Partner Split
21 May 2015 | 8 replies
Since this is being done within an LLC (as it should), and since there are different classes of membership interests (2 that I can ascertain), there are multiple factors to work out, some of which apply even when there's just one class of membership interest:How initial capital contributions, for each given class, are booked.How subsequent capital contributions, if any, for each given class, are booked.How member loans are booked.How each member's capital account will be handled pursuant to Treasury Regulation §1.704-1(b)(2)(iv), and how reevaluation of said accounts will take place per Treasury Regulation §1.704-1(b)(2)(iv)(f), to conform with §1.704-1(b)(2)(iv)(g).How distributions will be allocated, including profits and losses, along with any resulting adjustment of percentage interests.How tax allocations will be handled - and if the book value of any company property is adjusted per Treasury Regulation §1.704-3, how that affects member allocations.I have not even covered every item that must be addressed (including voting rights, depreciation allocation, cash flow vs liquidation allocations (as in "when we sell a property - who gets how much of the appreciation, but what about the recapture, etc, etc.")).Insufficient information... and it's time to meet my wife for dinner.
Linda Williams-Jasper Has anyone ever heard of this?
20 May 2015 | 5 replies
I have heard of this but it was coming a lawyer that was going to help the company I was working for go and get the funds and take some large percentage and what I was hired to do.
Sam Garner SFH Analysis Advice, Grand Prairie TX
24 May 2015 | 5 replies
It's better to put those percentages a little high then too low.Did your calculation include property management?
Neal Martin HOA dues Chicago, IL
22 May 2015 | 2 replies
It all depends on how the bylaws are written but as they are most of the time boiler plate decs it is pretty standard that you pay the prorated percentage your unit makes up based on the decs.  
John A. Do I Need A License To Do Lease Options?
19 April 2018 | 15 replies
Of course, the broker would get his/her percentage.
Kevin H. How to find a deal? (buy and hold rental - Denver area)
4 June 2015 | 6 replies
What percentage is that?
Account Closed Is it really this easy?
22 May 2015 | 25 replies
@Anthony Talpak,I'm not sure if anyone addressed this yet, but the interest charged by a lender (private, bank, hard money, etc) is calculated annually (99% of the time), hence the term APR (annual percentage rate). 
Lee Huffman Best questions to ask when interviewing a new CPA firm?
18 May 2016 | 11 replies
A better question to ask is "what percentage of your client base is made up of real estate investors" or "how many real estate investors do you service?"
Eric Smith SELLING TO TENANTS
10 June 2015 | 12 replies
What percentage is reasonable for a fee?
Kyle Chase Duplex With New Multifamily Development Nearby
26 May 2015 | 2 replies
The reason being is that they know there are people that have preferences for one reason or another, and they don't need EVERY customer, just a percentage of the customers.