C or equivalent partnership or corporate return.

Currently hold a full time "regular job" like most people in the daily grind.Just getting into REI and am working with some mentors/partners doing Owner Financing and Subject To type transactions, but am looking to make contacts locally and see what partnerships and assistance can be made.

A family limited partnership (FLiP) is one of the best options.

Networking and partnerships are also a priority for me.

You train and employ them or you create partnerships so as to eliminate them as your competition.

If we get one that is better long term, and we would like to sell it to the partnership LLC, what is the best way to do that without comingling assets legally?

First thing is to get an ironclad partnership agreement that will spell out exactly what you and your partner's roles will be, who will contribute what, how profits will be split.....answer every imaginable question now because doing so is far easier than later on.

,No, you cannot do that with a partnership interest.

Hi Chris, we may be interested buying the property or forming a partnership with you.

I am not a lawyer, but you likely want to take title in a corporation you solely own with a partnership agreement between your corporation and that of your contractor, if you intend to split the profits with him.