The only reason I wanted to do this was because some of the LLC's would have been partnerships and I would have wanted to flow property management fees to myself through my property management company.

here is a case study of a partnership exit strategyTo people going into a partnership. 

Case Study for Newbies:Re posting because I posted in the wrong place here is a case study of a partnership exit strategy Two people going into a partnership.

I am open to working out the details and specifics of the partnership. 

You may want to sit down with my Singapore partner prior to pulling the trigger on anything.

I read several books and listened to podcasts but I knew I had to pull the trigger at some point to really learn.

Everyday we have people on BP asking questions related to soliciting money for deals, joint venture partnerships, etc.

One more reason to set up a partnership.

Here is a short list of IRS approved investments:Rental property, flipping real estate, pre-foreclosures, forecloisures, REO's, mortagages, loans, businesses, limited partnerships, franchises, notes, raw land (must be all cash, no debt financing is allowed on raw land), residential real estate, commercial real estate, lease options, LLC's, international real estate, multifamily units, tax liens and deeds, vacation properties (as long as you dont use them), private and public stock, mutual funds, hedge funds, and the list goes on . . . .

LLC's may or may not qualify for an exception to the FIRPTA withholding requirements depending on whether they are taxed as a corporation, a partnership or a disregarded entity.