Hey EveryoneHave been listening to the podcast for about a year now and finally ready to pull the trigger.

In the partnership my job is deal analyzation and finding the funds.

Then when you're ready to pull the trigger on a property, get a GC to do a walkthrough and follow him/her around and take notes on what they tell you.  

I'm new to this site and want to get my feet wet with wholesales and would work for free just to get the ropes down and maybe work into a good partnership with co-wholesale any one interested and could use a little help please contact me.

My partner has pushed for this in the past but we hadn't pulled the trigger yet.  

An LLC that was previously taxed as a partnership making an 'S' Election will not have accumulated earnings and profits.Like everyone else has said in this thread always best to consult an adviser as I may not have all relevant of the facts.

I’ve had a few local folks ask about a possible partnership.

s Lease Option "creative REI solution" idea, I worry people forget about the Due on Sale clause it can potentially trigger.

I trying to understand what tax liabilities the partnership might be facing if they sign their GP interest and eventually their LP interest over to my entity.  

Prices have sky rocketed already.Should I wait or pull the trigger ?