It's completely dependent on negotiation -- between the operating partners and the capital partners.Typically what you'll find in similar situations is either an LLC or an LP taxed as a partnership with a strong operating agreement in place that spells out income/loss allocation. 

A new capital-gains deferral option was created by the tax act Congress passed in December 2017, which created a set of "Opportunity Zones" nationwide. 

May be able to avoid capital gains taxes all together if you have the right timeline...

Fees for renewing with a current tenant are usually a couple hundred.By "misc," are you meaning to include maintenance and capital expenses?

While it is cash flowing nicely, I'm already thinking about how I can generate capital for my next investment. 

It's something that I've been interested in for awhile now but don't have any experience renting a unit let alone a room.I also don't have very much capital set aside as I wasn't planning on buying until August.

All we needed to do was plug in capital and learn how to manage contractors along the way.Leverage is a very powerful tool if you use it correctly (had to put that twice haha.)And like I said above, similar to any other business; Real Estate is hard to get into, especially in the beginning.

So we might do some additional wholesaling or a few flips a year to help bring in capital as needed. 2. 

Currently, i plan on being a realtor until i can build some capital and then start investing in real estate.

If I'm employing capital in a repeated BRRRR strategy on less expensive properties (say 80-200K all in costs), what impact would this have if I decide to borrow a conventional loan to buy a larger property for myself in 5 to 10 years?