![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1179174/small_1621509923-avatar-marior55.jpg?twic=v1/output=image&v=2)
29 August 2020 | 15 replies
We, equity partners, only got paid approx 20% of initial contribution.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1581133/small_1621513878-avatar-indiab12.jpg?twic=v1/output=image&v=2)
1 September 2020 | 5 replies
Two members contributing $30,000 apiece would each receive a 50 percent stake in the company.In your example the non-cash member would need to work out percentage of ownership with the funding member.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1738187/small_1686704821-avatar-dustinp69.jpg?twic=v1/output=image&v=2)
28 August 2020 | 3 replies
The bank was Wells Fargo and their interest rate went from 5% to 3.75%.To be honest, they wanted to keep me on title, but it became a pain when purchasing/refinancing my own properties because of the amount of questions the loan underwriter would ask my mortgage broker and me (ie. please provide 12 months of parents bank statements showing you don’t contribute to mortgage payments, etc.)Good luck!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1673817/small_1695565919-avatar-annuz.jpg?twic=v1/output=image&v=2)
4 September 2020 | 2 replies
Best thing to do is discuss this with an attorney and have them draft all your operating agreements spelling out the roles, capital contributions etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1390906/small_1621511867-avatar-arijitd1.jpg?twic=v1/output=image&v=2)
31 August 2020 | 5 replies
Interesting proposition1) Keep 401K loan (don't know rate) and get a nice predictable tax-sheltered growth in your fund while you can keep contributing to the limit OR2) Borrow money to pay back the 401(k) and (if lower rate) increase your current and mostly tax-sheltered income.Think I'd do 2).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1647805/small_1621514460-avatar-johns1971.jpg?twic=v1/output=image&v=2)
29 August 2020 | 10 replies
Also if you can negotiate seller contribution of 3-4% you can take a portion of that SC and buy out the monthly PMI.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/723703/small_1621496129-avatar-neutron.jpg?twic=v1/output=image&v=2)
1 September 2020 | 5 replies
I contributed the max ($6,000) to my SD Roth IRA in May, knowing my (combined with my wife’s) AGI for 2020 would be under the $196K threshold.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1448546/small_1621512403-avatar-krystab.jpg?twic=v1/output=image&v=2)
17 September 2020 | 9 replies
In the past most of the classes and training and Broker ‘face time’ has been during a typical 9-5 workday, however, in today’s world most of that is available virtually which make it easier, however, there is still quite a bit of oversight needed by brokers and time and money invested in new agents which could contribute to the ‘full-time only’ agent policy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1671617/small_1696647922-avatar-lukew127.jpg?twic=v1/output=image&v=2)
1 September 2020 | 7 replies
I also second the Ozone notion.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1872587/small_1621516300-avatar-luket63.jpg?twic=v1/output=image&v=2)
7 March 2021 | 6 replies
The net profit is the difference between the assessed values at purchase and sale, taking into account any miscellaneous contributions over the course of ownership.Then, you'll have to pay the US capital gains tax, against which you can credit the tax paid in Mexico.