Partnerships are often a disaster waiting to happen.

This will not only boost your education level, but also your exposure to partnerships, deals, money, etc.

If not - you may be able to find a 50/50 partnership to make this work.

I have a few commercial properties held in separate LLCs, and a few properties in different partnerships/LLCs.

I could put in 20% on about 10 more houses at this point...but he's also interested in doing more properties than that, at which point I wouldn't have the capital to contribute.I'd love to hear your thoughts on how to structure this partnership.

Also had some questions on partnerships and LLC as i have recently dissolved the LLC after trying to refi the properties the banks would not allow the LLC to have ownership/title.

I'm leaning toward the familiarity of residential cash flow properties, but am getting sucked in by all the different alternatives - from wholesaling to commercial property.I have a partner (and old friend) in the Detroit area who has a team of fix-it people who can refurbish properties, and given that partnership, Detroit's high yield, and depressed market, I plan to target that area first.

In other words, of each of the flip opportunities, not concerning partnerships, what was the buy plus rehab vs the sold price?

For example being a landlord does not necessarily involved work every day such as what you do at a 9-5 job.One of the reasons capital losses are limited to the amount you can deduct is because those are a specific type of passive loss.Passive losses from business activities such as real estate investments or investments in partnerships or corporations can be limited based upon the the amount invested, your income level and your participation.

How about if there is a partnership with the SDIRA.