Believe there's a $500K limit for such NOLs for Married/Joint filers.

You could chance it and if you get called out you will have to change it back or just leave it as is and set up a joint checking acct. with the current owner and pay from there so he can monitor the activity and know that the bills are being paid on time.  

Whether business was conducted in the joint names of the parties;6.

Throughout two partners, one investor and one joint.

We own an apartment building and would like to joint venture for short term rentals in some of the units.

I am still weary of whether it would be ok to  do so without pulling up carpet and subfloor to reinforce joints. 

Let's connect we're looking to close 20 deals by the end of the year.Joint Venture AgreementThis agreement is made on [Date] between [Wholesaler 1] and [Wholesaler 2] to establish a joint venture for the purpose of identifying, marketing, and assigning wholesale real estate contracts.Responsibilities:[Wholesaler 1] will locate and evaluate potential wholesale deals and bring them to [Wholesaler 2] for consideration.

Return structures, fee structures, the profit split, distribution expectations, communication expectations,etc all vary company to company and even offering to offering.Often times you must be an accredited investor to invest in a syndication, which means 200k income individually (300k jointly with spouse) for 2 years or 1m+ in net worth (not including primary residence)Though there are syndications that do not have that requirement, the returns are usually lower from my experience.

Hello Bigger Pockets community,
I'm currently in the early stages of purchasing a property with a partner, and I have some questions about the potential tax implications if we decide to sell within five years. Here's...

A history based on joint accounts, much less meaningful.