So, if you're providing all the financing and doing none of the work, I'd give you 50% ownership (if I were the partner doing 100% of the work).

How do I transfer a percentage of ownership to my partner without triggering a taxable event or potential issues with the bank?

These questions will help you determine the strength, fairness, and commitment the Board Members to the the HOA.

As a general rule, for a disregarded entity, the owner will be treated as owning the residence for purposes of satisfying the ownership requirement of section 121, and the sale or exchange by the entity will be treated as if made by the owner.

. :(- Had the IRS issue a ruling on my use of a large chunk of my retirement funds -- they determined that I get to keep my money

I determined I was comfortable getting a maximum LTV with a small down payment is possible just to take advantage of the low interest rate.

Just along those lines so you can determine how reliable they will be as tenants.

That should find the real story with the ownership.

One was the actual contract interest rate while the other was the rate that determined what your monthly payment was.

I continue to save, look for further deals and even jumped into having private lenders to fund future deals.However, I am having trouble determining my exit strategy and a situation popped up into my head.