How to prepare and pull the trigger for the "blood in the streets" Cycle?

Make sure to set up a business bank account and have all the $$ flow through it for accounting and maintaining the corporate veil.Moving properties with loans in your name to an LLC later will trigger the mortgage due on sale clause, but I have never heard of a bank enforcing it.

I set up a LLC with a partnership agreement and make the investor 20 percent owner of the LLC.

Will this trigger a raise in Property tax?

If you get obsessive about analyzing deals in your area and find partners who want the deals but don’t have the time or desire to find them….that’s likely a good partnership.

You  will  need the help of an attorney and account the question to ask  to be able to do the creative structuring  of your partnership  with a plan of action  a organized  plan of action and  aware  of the pitfalls  and opportunities  just doing this with family will not  be enough  you will need  professionals who know the laws  of syndication

We wanted to ask some input from experienced partnerships on how to set up and run a partnership in a deal.

if yes, you generally won't be able to take distributions unless one of the following triggering events is met.Death, disability, have reached age 59 1/2.

However, Patrick Flanagan if the 10k is everything you have to invest I wouldn't pull the trigger yet.

I'm about to pull the trigger on this please can I get some more feedback