You have plenty of liability as is.One specific issue you mentioned: it is correct that 1031 exchange can only be done by your partnership.

Full mail is below from Kulveer (Zeus Living CEO):As an important part of our community, I am reaching out to share the effects that COVID-19 has had on Zeus and to share options of how our partnership could evolve.

I've been looking to make partnerships and build on relationships where we are able to help each other.

Quick and to the point:Need suggestions in setting up a Partnership Agreement, Operating Agreement, and Buy/Sell Agreement.

If you plan to secure any form of non-recourse financing, your debt partner will require you to have some level of experience among the owner/operator partnership.

Originally from Seattle, Wa.My experience level in real estate is very minimal which I've not done any deals to date.However, I have no hesitation to put in the time and effort in helping others achieve their dreams and goals.Let's take full advantage of this stay-home time and connect to build a working partnership.

Over the past two years with great partnerships and investors we have grown from 40 units to 500+ doors in California alone. 90% of those units are Housing Authority / Section 8, VA residents.

I am really into investing for cashflow, through different strategies such a MLO’s and partnerships or hard money.

To get to unlevered cash flow, take NOI - capex - reserves or working capital - any other costs that affect cash flow (like partnership expenses, etc).

I would like to know the difference between an LLC and a partnership.