The second option is grant them equity in the parent business or form a subsidiary under your parent company and put them and you in that.

While you can form a formal business partnership it's more complicated and your CPA and attorney should be involved in the model.

If you didn't want to pool them all I will give you an idea of something you could do but I would still bounces this off your lawyer to make sure you are not in any violations.What a general structure could be is form a parent company.

Your intentions are good and trying to work with the lender to form a solution is the side I always subscribe to.

I'm looking for advice from those that have done so on how to best form a partnership between an investor and a contractor for flipping houses.I have rental houses in one city and live in another city 800 miles away.

While I'm all about thinking ahead, it may be considerable overkill to form a series LLC and then place it in a trust.

My dream would be to form a partnership each contributing $100,000 for a million+ real estate investment deal.

If you can type, and string enough words together to form a thought, you can build a business plan.

Don't let the owner/seller convince you to pay a higher price based on pro-forma numbers like what the income COULD be if it were 100% occupied.

He's also a good family man and active in his church (I'm not religious but I can appreciate folks who have a strong sense of spirituality in what they do).So we decided to form a partnership, my first long term business relationship in about 8-9 years.