Mary Chen
investment property tax reporting with multiple partners
Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...
Ross Stegall
Active / Passive Partnership Contract
Hi all,
I’m looking at investing with a partner and I had a few questions I was hoping the BP community could help me answer. So, here’s the details:
My partner will be the passive/ equity investor and will be contr...
Todd Williams
Flippers with Real Estate Licenses - Commission handling
I'm in the midst of gaining my license, and I'm wondering how those of you who are licensed who also flip handle your buying and selling commissions. 1. When buying a property do you offer dual agency to the listing a...
Sisto Averno
Partner Structuring/BRRRR method
So I have a few potential partners, they are bringing the money to the table. Our goals pretty much align, they are buy and hold. We want to use the BRRRR method. I have a few questions:
1. How to structure the partn...
Sanjay Sharma
How to split cost seg between partners?
I’m adding another forum question to my string of cost seg questions.
I’m partnering up on a purchase. My spouse meets real estate professional status. The real estate partner does not meet status and will not quali...
Steve Roos
First home and Taxes with "signifigant other"
Good evening BiggerPockets friends!I started RE classes in December 2017 with my girlfriend. I joined BiggerPockets shortly thereafter and started researching and learning as much as I could. We started searching the ...
Mary lou L.
Prospective tenant keeps asking to split the deposit
The house will be available on the 15th. I asked for 1000 security and 825 rent. Deposit in full and prorated rent for June.He asked first if he could put 500 down on the 15th and the rest on the 1st. I said I no. The...
Tim Czarkowski
How to be compensated for handeling rehab for partnership
I have someone who I am partnering with on flipping properties. We were easily able to come to an agreement on how to handle that. However my partner also wants to hold some of these properties long term. He would be ...
Grace P.
Profit Spitting: Needing Advice Please
I am sure this gets asked all the time but I can't seem to find our situation in any posts. Okay my husband and I have experience rehabbing, flipping, renting etc... We have partnered with some friends (another coupl...
Arturo Borges
Upside of Syndication Deals?
Hello BP Community,I just wanted to gather some opinions on apartment buildings and syndications deals. What exactly is the upside on this deals as a GP? When do you as a General Partner make money? Do you actually ma...