I'm seeking a contractor to work on a steady stream of rehabs and estimates in the Raleigh/Durham and Fayetteville areas.

One reason that almost all business sales now-a-days are structured as asset sales, not entity sales.If you do buy into his LLC, assuming it's disregarded for federal income tax purposes, we treat it like this: (1) an asset sale to the existing holder, the buyer obtains an undivided interest in the LLC assets and simultaneously (2) the buyer and seller (members) are deemed to contribute of each of their undivided interests in the LLC assets and liabilities into a newly formed partnership tax entity.There isn't a 754 election available in this situation, as a partnership interest was not what was sold for tax purposes. 

I am in talks with a multi-family owner who would like to sell me his property, but stay on as a 20% owner as I re-position it over a 2-year period. This raises some tax questions for me. This property is in New Hamps...

Hello all, I have a question for the folks in partnerships.

The more small jobs you do well, the more larger jobs come your way and the more you can bridge those relationships long-term into partnerships.

Hi there, my partner and I, both residents of California, are looking to get our first investment property out of state, specifically in Pennsylvania. We are looking for advice on what entity to form (LLC, DST, etc.) ...

but sounds like you want individual LLC’s with partnerships...

Just became a Pro member but have been through probably about 200 podcasts in the last year.I am looking to partner with a friend for future BRRR's and flips but just wondering the best way to go about a 50-50 partnership?

I had a partnership formed, we had the money and goals in place. 

@Ethan DucharmeIf the partnership is going to be 50/50 then I suggest both parties to be on the loan and tittle.