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10 January 2022 | 7 replies
I was raising 500k on a deal, had one high net worth co-GP on the note to satisfy the lender and had investors contribute up to 99k for the remaining funds to stay under 20% equity and keep them off the loan.
3 February 2021 | 4 replies
For example, if only one of you will be making management decisions, you may justifiably receive a greater share of the profits, even if the capital contributions are equal.
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17 January 2022 | 11 replies
I'm excited to learn from all of you, and I hope I can contribute some knowledge as well!
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4 February 2021 | 2 replies
One typically wants to reduce the purchase price so you can contribute more.
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5 February 2021 | 12 replies
If you are still employed and still at the company where you contribute, you can take a sizable loan from it.
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4 February 2021 | 13 replies
Or you could each contribute your interests in the property into a new LLC and have the LLC then become the owner.
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3 February 2021 | 3 replies
Of course you won't have to book that extra income, but can you write any of this off as a charitable donation?
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7 February 2021 | 5 replies
@Jennifer Thomé a blanket statement but what I've generally seen is the in a vehicle like a a Charitable remainder trust the Charity benefits to the tune of the tax savings.
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5 February 2021 | 0 replies
Contribute in increments of $5k to the pool - you would receive "read access" to the pooled account3.)
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5 February 2021 | 1 reply
We're thinking of using Landlord Studio or Rentec to keep track of income/expenses at the property-level, but would still need a way to track expenses for the organization (not associated with any individual property), as well as tracking capital accounts for owner contributions.