They required 2 DE LLC's: LLC#1 my husband and I are 50/50 partners and LLC#1 is sole member of LLC#2 which will be the borrower for the loan and it is a disregarded entity.Since the expense has been incurred and we are set with another lender, and since LLC#2 is registered to do business in the states where the rentals are located we would like to use the setup.To date I am a Real Estate Professional, this is what I do full time and my husband holds a job.I believe that there will be no issue taking the loan to LLC#2, changing the deeds when the loan closes from us to the LLC and that income/loss will pass through to LLC#1.I believe that since LLC#1 is a partnership that again we still will continue to report income/loss to our personal return and I can continue to be considered a Real Estate Professional. 

I have partnered with a to real estate agent in the Austin (South TX Market).  She does the market and real estate piece and I do the analysis and networking using various goals we have set in order to decide on worth...

DSTs are similar to limited partnerships with a key distinction that they allow individual investors to do a 1031 exchange into a DST, which is not possible with traditional partnership structures.  

And then pull the trigger.  

I'm looking to form a partnership that will increase his % as we go, as he is a sweat equity partner at the moment.

Hello BP family,I am currently building a database of mobile home park properties in Texas and while I am gathering the property information, I am hitting a roadblock when it comes to finding the contact information of the property owners when they are operating under an entity such as a LLC, Limited Partnership etc.

I am looking for a real estate lawyer that would be able to help with forming the LLC, assisting with the contract to form a partnership and help with contracts.Any help is much appreciated.Thanks!

I started an LLC taxed as a partnership and actually asked a question in a previous post about if a sale to the partnership would count.

This is why I hesitate to pull my trigger.

The only other possibility would be partnering with someone, but if they bring the cash, how would contribute  to the partnership?