I'm looking for a mentor and it to possibly grow into a friendship/partnership.

And yes, losses decrease your basis; however, if you have to carry it over as a passive loss it will be taken when the partnership interest is sold/dissolved.

Hi, David,I live in Italy but I own a rental property in Huntsville, AL.I fell in love with Real Estate after spending 3 years in the US.I am looking for another property and I could need a partnership with local investor.

I was particularly looking into joint ventures with a limited partnership or LLC or land trust.Note: I know that I need legal counsel.

There are four members in the buying partnership so I had to heard cats numerous times to get the new lender all the financials, bios, etc. that he requested for the three other partners and myself.After my 60th email to him responding to yet some other small bit of information he needed before presenting the deal to the loan committee I began to get worried.

Hi, I'm looking to partner with an experienced real estate syndicator for a commercial investment, let's say an executive office>medical conversion. The value exchange is his reputation for my 'everything else':...

I also intend to increase capital by locating flips, 1-2 per year, but in partnership.

My goal is to build a relationship that can hopefully organically grow into a partnership.

Seems like even with a decent return it will take a very long time to pay off the loan (as opposed to just making the monthly payments).This I can explain as long as I ignore the partnership aspect.

As for the equity, I will be providing 75% and my partner 25% and we will be splitting the profit 50/50.Whats would be the best way to structure the partnership?