![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1591347/small_1621513977-avatar-harryn16.jpg?twic=v1/output=image&v=2)
14 June 2020 | 4 replies
Are they technically guests or tenants (as seems they may have contributed with some mortgage payments)... should I hired a lawyer even before closing?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1107667/small_1694681221-avatar-kathyh46.jpg?twic=v1/output=image&v=2)
15 June 2020 | 3 replies
Example: a rental cost about $100k, my mom and I each contribute 50k to this deal.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1500715/small_1621512957-avatar-spencerb79.jpg?twic=v1/output=image&v=2)
15 June 2020 | 3 replies
I know I have a lot of work ahead but very excited.I'm currently identifying where I'll hang my license and looking for a strong, reputable team to join - one I can proudly point to as a source of support while I work hard to contribute.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1795541/small_1621515629-avatar-timothys202.jpg?twic=v1/output=image&v=2)
15 June 2020 | 4 replies
Two members contributing $25,000 apiece would each receive a 50 percent stake in the company.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/622376/small_1621494005-avatar-lloyds4.jpg?twic=v1/output=image&v=2)
15 June 2020 | 0 replies
What may have also contributed to a drop in the official unemployment rate is the government’s huge rescue package for small businesses (“Paycheck Protection Program”) that gives them forgivable loans if they keep paying workers regardless of whether they are actually working.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/801926/small_1621497823-avatar-nickw85.jpg?twic=v1/output=image&v=2)
15 June 2020 | 1 reply
Since she would be homesteading the property, we wouldn't have to put down 20%, therefore she would contribute 1.5% and I'd have 3.5%.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1798673/small_1621515653-avatar-christophers587.jpg?twic=v1/output=image&v=2)
3 August 2020 | 17 replies
One complicating factor is that we all plan to contribute different percentages of the down payment; we are thinking through how to account for that in the agreement (for example, the person contributing the least upfront may take on a greater share of the mortgage payments for a period of time, etc.).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/922448/small_1621505603-avatar-nathanm114.jpg?twic=v1/output=image&v=2)
17 June 2020 | 4 replies
@Nathan McBrideThere are many components when creating a qualified opportunity fund and investing in a qualified opportunity zone.1) You want to make sure you create a proper entity and self-certify it is a QOF2) You want to make sure the funds contributed into a QOF qualify3) You want to make sure you make a timely contribution into a QOF4) You want to make sure the property purchased is within a QOZ5) You want to make sure you do a proper amount of rehabilitation to the property and in a timely fashion6) You want to make sure you hold the investment property for atleast a specific amount of timeSomething you and your accountant can gameplan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1714198/small_1621514981-avatar-austinm239.jpg?twic=v1/output=image&v=2)
17 June 2020 | 3 replies
just vet your potential partner very carefully and remember dont limit partnership to financial contribution, i have had sweat equity contribute an offer from physical contractor and it means the world to me!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1055527/small_1691372024-avatar-mattheww218.jpg?twic=v1/output=image&v=2)
29 June 2020 | 15 replies
Also, I'm assuming I don't get to deduct the $143 principal portion of the payment because that is contributing to my equity.I don't know why this seems confusing to me sometimes, but it does!