You would have freedom to invest and generate a higher return immediately with your portion while your bothers portions are invested by your parents generating income that would ultimately have to split with you as well.In other words the gift is win/win for you and lose/lose for every one else.

I have talked to several different investors about how they decide what return they look for and some do it by a dollar amount and some are looking for a certain percentage. 

The Partner's will then be required to report the K-1 items on their return.A Florida resident will be required to file a non-resident return with Ohio.

My LLC was recently revoked and put into inactive status because TN Dept of Revenue says I need to file a County and Business Tax Return. 

I'm wanting one to filter through county land records, identify owners, perform background check to identify any types of contact, then organize that into a excel spreadsheet and return it to me.

That's fantastic returns.

So, your going to spend $800,000 in the sort term and pull $700,000 back leaving $100,000 tied up with a return of $1000 a month?

You will likely find that advice results in a financial benefit vastly exceeding the cost of the tax returns. 

Hi All, here's a potential deal I would love some opinions on considering a fundamental decision must be made for it to be viable.Triplex currently listed at $127kDown Payment: $31,750Gross Monthly Rent: $1,500 (500 each)Estimated Expenses:Mortgage: $500Property Tax: $80Property Management: (10%) $150Water + Trash: $150Repairs (5%) $75Capital Expense (10%) $150Vacancy (5%) $75Total: $1,180 MonthlyCash on Cash return: $3,840 (About 12% return on investment)Property was built in the 1930's and states "could be rented for higher with work/repairs" Average comp rents seem to be around $600-700If I could rent each unit for $600, updated ROI could be up to around 20%... 

Talk about Cash on Cash return!