Sean Walcott
Equity Structure for Partneship
I live in California and am forming a partnership with a local real estate agent in another market. I am really happy with how we are working together. I need advice on how to structure the ownership of the business. ...
Aaron Hunt
Are you #itemized in 2018?
How many BPers were able to make money moves in 2018, and stay itemized with the new tax laws and higher standard deductions going into effect?What were your big moves of 2018 which made sure it would happen?
Margie Brooke
How to split profits in a house flip between partners
A friend and I are flipping two houses. 100% of the funds for both purchase (paid cash, no mortgage) and the labor and materials are mine. I pay for the staging furniture. The bulk of the labor is done by subs, howeve...
Jesse Stremcha
Capital accounts and book losses
My partner and I are in the process of updating our LLC Operating Agreement. Our attorney is recommending a provision requiring that book losses be allocated to member capital accounts AND that members must then make...
Matt Cooper
Newbie question regarding structuring with multiple partners
Good Morning!!! This is my first post and I'd like to, first off, thank everyone for their contributions to the forums...I'm getting so much amazing information. Second, I'd like to apologize if this is a repeat que...
Jason D.
Funding my LLC, need advice.
I know I should probably consult a CPA on this but I'm sure there are a few that can share their experiences. I have a newly formed LLC that I will be using to hold my rental properties. Since I want to keep my busine...
Eric Brauer
Partnership - services interest
Hi All,I am considering distance investing due to the cost of entrance being a little high in my locale. I have a friend who has some real estate experience (mainly legal, local knowledge) that could be 'boots on th...
Vinay Vemuri
Aspiring Real Estate investor in Fremont, California
Hi everyone. My name is Vinay and I’m an aspiring real estate investor. Looking forward to learning from and contributing to the BiggerPockets community!
Brian Felczak
Connection to Capital
Hello everyone, I'm Brian and I work with a private capital lending company, who provides diverse lending solutions for real estate investments. I've been following this group and am impressed with the shared knowledg...
James Somers
401k or Real Estate?
I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...