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Buyers rights hereunder may be assigned to the partnership, corporation, or other party, and any such transfer shall have all the benefits and rights that the Buyer has under this agreement.5.

One function of your deal is to give you experience with physical issues from tenants, repairs and payments, etc.

No idea, I just won't do it on a sq. ft. basis, unless it's an unfinished house that a contractor bailed out on.Sq. footage does not take into consideration the functionality of a property, a 2 brd is not like a 4 bdr, but the 2 bdr could be bigger.

This brokerage is already a functioning property management company, I would be working on a 1099 basis.

Taxes are also your responsibility to check, just look them up, most counties have a website to check.As a function of due diligence on your own, you will want to purchase a title abstract and summary.

If she's the sole owner, she doesn't need to file a partnership return, just flow them to the Sch.

There is a book called Buy Low, Rent High, Sell High, or something like that, that will guide you through the structure of the deal in regards to the functional aspects of purchase, operation and selling strategies.

I currently have 9 properties that are owned in a partnership with one other individual.

Additionally, we do make a commission when our users go through the link, but it is these partnerships that help us operate and improve the site.I hope that helps!