-Whether you do the joint LLC or just set up a JV agreement to handle these things on the side.... make sure you also spell out what happens if there is a shortfall.

. - Additional $1400 in stimulus for people making $75K or $150K jointly with a roll off. - $15,000 tax credit for first time home buyers, paid at the time of closing. - Plan to step Federal minimum wage up to $15 per hour.

While networking I was asked to do a Joint Venture.

Can the two trusts now split the proceeds to go in  separate directions with each Trust buying property that is not jointly owned and still maintain the tax deferment?

Because although it's near impossible to do single family homes here in Cali, mobile homes seem like a real possibility but I'm always very iffy about manufactured properties because it's hard to rent them out and I'm not much of a flipper myself.I am intrigued by what you have done and since I am in the area I would love to meet up and talk joint venture on something like this.Thanks-Rizzy

Most of this pertains to contract considerations, but also curious how you would suggest tax benefits to be structured and how we should take joint title to the property (through business name, tenancy in common, etc).

You can get lender reports, Profit & Loss and Balance Sheet by each property, receive ACH and CC payments, automate your bill payment and the list goes on.

Before getting into any kind of arrangement with other investors please make sure that you have a Joint Venture agreement that outlines who is putting in what kind of work and money BEFORE going under contract. 3.

Thank you for reaching out I Just sent you a message and my number, if you could put me down for a quick call in your ache that would be great.

If I find one of my developers and off-market property and the seller is not able to pay me a commission without it breaking the deal, the developer and I will create a joint venture partnership agreement and I will get a percentage of equity on the backend when they re-sale instead of a commission.