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1 February 2021 | 6 replies
Hi @Misty Wood, Limited liability companies with multiple members are generally filed and reported as a partnership for tax purposes.
1 February 2021 | 0 replies
I live in the southern Maryland area and I am planning to purchase a property in Baltimore possibly with one other person. I currently have a LLC but the person who would pretty much be my partner is not a member. Wou...
3 February 2021 | 4 replies
You will need to draft an operating agreement since adding a member changes the LLC to a partnership for tax purposes, and determine if profits will be allocated on a basis other than capital invested.
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2 February 2021 | 2 replies
What are your thoughts of real estate as an investmentWhat do you view your role as in our partnership?
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9 February 2022 | 6 replies
Buy 25 houses in my partnership in Louisville2.
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2 February 2021 | 0 replies
I’m looking at coming in on a deal with a partner where I am bringing the cash and he is doing the rehab work.I plan on talking to a RE lawyer but wanted to just get some background of how to structure this deal.We do...
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9 July 2021 | 29 replies
Hey @Nick B. all me on these, I don't generally do partnerships or syndications for a number of reasons.
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3 February 2021 | 7 replies
If you are truly partnering you will need to set up and LLC and a partnership agreement which will spell some of these things out.
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15 February 2021 | 5 replies
Best regards, Hugh Jacobs, The Partnership, Inc.
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3 February 2021 | 2 replies
I would like to go for the buy and hold strategy and the plan moneywise is to find an investor for a partnership.