I'm considering renting out a portion of my undeveloped land to a cafe next door to use as parking.

They don't mind putting up more cash up-front relative to my contribution while remaining equitable partners.With the context out of the way and getting to some actual questions...- The thought is that the property would be under my name.

And I plan to train our current staff on deal analysis and deal finding so that they can also contribute and learn that side of the business! 

I make a modest income from my job and have been able to max out both 401k and Roth IRA contributions for the past two years.

The next time a developer comes along, you should know all about FSR's/land value and the cost of PSF for development and the sale price of new development PSF/ Community Amenity Contribution (CAC)  Then you will have a good idea of how much your land is worth to a developer. 

Real estate is basically a 3 legged table: time to work, money to invest and knowledge to contribute.

The K-1 generated from the partnership will report the income, contribution, distribution, and all tax-related matters. 

My company offers a 401k matching program of 25% of my contribution up to a maximum of 10% of my salary. 

Let me know what I can do to contribute to your success in 2020 and 2021.

My name is Rebecca and my husband and I have run Captain Save a Home LLC, Brew City REI Club, Brew City REI Training Cafe and Wisconsin Contractor and Handyman Club based out of Milwaukee, WI for the past 8 years.