Partnerships with developers3.

As with Yasmine, I am worried about making a costly mistake and lose a bunch of money that I can't afford to lose....I am one of those over analyzers, afraid to take action.....I need to get over those fears and pull the trigger on a deal.  

Plus, most 9 states have no franchise or corp tax for general partnerships unless you make an S election.

If they agree, ask them what their terms are ( 50-50 split, their price plus whatever you want tack on top of it etc) Have them send you a JV partnership agreement and then start calling and looking for buyers.  

My wife and I started looking into investment properties about 6 months ago and pulled the trigger on a multi family duplex a month ago, we have one side rented out post reno (3 Weeks after we closed) and will have the other side rented out in early March.

I'm a firm believer in doing your homework and don't ever be afraid to pull the trigger on a good deal.Best of luck.

This triggers Capital gains AND recapture of any depreciation.

Check it outI also am in partnership with family members  of leased out Commercial business.  

I look for what is at the bottom of the real estate cycle and what I understand.Then I either try to by myself or I do a syndicate on a property or partnership.

We have a hard money loan that we are refinancing with our husbands - the property has been rehabbed, its just not selling.  It is a unique property in Galveston and will take some time to find the right buyer.  Hinds...