For example, some drawbacks is the $800 franchise fee that applies to LLCs in California, and the LLC would be considered a partnership so a federal tax return (Form 1065) will need to be filed for the LLC as well as a K-1 for each member of the LLC (the IRA and the solo 401k plan).

What we'd really love is to start a partnership with a rehabber who is willing to travel and do the fixit work while we find and secure the properties (I know -- but if you're going to dream, dream big, right?)

@Matt Harris I'd be interested to learn more about this partnership.

I been looking all over BP for partnership deal examples but I haven't found any.

May not look the best, but it is functional and inexpensive ($5-$7 per screen).

I been looking all over BP for partnership deal examples but I haven't found any.

It takes a bit to get use to the dialer, but the functions and accuracy of the numbers/emails is great.

It takes a bit to get use to the dialer, but the functions and accuracy of the numbers/emails is great.

They have accused me of endangering their child because of a poorly functioning AC unit, the cause of which was from them failing to change the filters for 45 days. 

From what I've seen, a fairly common partnership is one operator and one capital partner.