Unfortunately that is not how I function.

After having a solid business system functioning and a substantial about of cash as a down payment I will move on to purchase commercial multi-family properties (12,16, 20 plus units) to start to build long term generational wealth. 

I started buying 2-4 units solo, then branched out with LLC and TIC partnerships.

Turns out this is for a Mexico project at Rocky Point with a Mexican partnership.

However, with opening an LLC, you have to renew a business license every year with the state, and you may have other reporting requirements for taxes and other fees, depending on how you set up your LLC (single member, partnership, S-corp, etc).

Hi Forum,I have been offered a partnership deal for a Class C or D property in Baltimore City.

Then, after reviewing these six paths Joe mentions, I think finding an off market deal or raising capital for experienced syndication or partnership groups are more doable.  

They're much cheaper than hard money, an actual bank that does commercial lending, but they function fast like a hard money loan.

Feel free to PM me if you want our PM's info in Fort Wayne- he has found some great deals for us and we have done some partnerships with him in our IRA.

this makes sense.now - if we were to dissolve the partnership, and IF one of us took out more in a boot distribution than the other, would it make it more difficult to distribute the properties, given that our 1031 investment percentages (say 60:40) didn't match our LLC partnership percentages (50:50)?