David Turner
Just closed on 32 unit apartment
6 June 2017 | 91 replies
I have a few other properties, but those are all partnerships that I inherited.
Ben Parr
Self-Insuring Rental Properties
20 March 2023 | 45 replies
I think that if one is disciplined enough to hold enough liquid funds in an investment account to cover these issues that would function the same as having a specific "insurance" account.I do think that most people will not be disciplined enough to hold that aside, at least not until the "excess" funds are more than enough to generally fuel the buying machine.
John Hauser
1031 question
17 February 2014 | 18 replies
You hold it in a limited partnership or LLC taxed as a partnership.
Mapo Cramer
Help - buying a small property management co in the Bay Area, CA
6 May 2013 | 10 replies
Its possible she's been caught performing functions that require a license.
Benjamin Johnson
Confused on who to contact from assessor information
9 May 2013 | 4 replies
Probably it is a partnership or estate that subdivided as a settlement.
Art Wolfskill
Hi, I'm Art
28 May 2013 | 10 replies
Art Wolfskill,No, you do not send it in with the 1065 for the partnership.
Christian De Jesus
New BP member introduction
20 June 2013 | 7 replies
." - Jim RohnThe only way I was able to get into the rental game (1 house) was:1) small inheritance from grandmother used as down payment2) on a cheap foreclosure in decent shape ($49,000) and having3) a partnership with my Dad to equally split Rev and ExpHonestly, it's worked out great.
Reggie Smith
Need Advice On LLC Structure With Property Owner Participating
12 April 2009 | 4 replies
You should designate yourself as the Manager of the LLC (equivalent to a General Partner in a limited partnership)and state that you have the authority over day to day decisions.
Rudy Centeno
How to work with realtors?
4 November 2009 | 35 replies
Without that, it is difficult, if not impossible, to function as a real estate agent.
Corey Dutton
3 Things to NOT do at Your Office Holiday Party
13 December 2013 | 1 reply
Most people are too shy to engage in the game, or the game just may not be appropriate for work functions.