Rod Saleh
Buying shares from an LLC, is this fishy?
I'm looking to buy shares of an LLC. The LLC is owned by a trust and a couple of investors. The trust is looking to sell 1 share to me. The owner of the trust says he'll personally guarantee my money back within 6 mon...
Christian Brodin
How To Set Up The Perfect Business Partnership
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing. – Robert KiyosakiWhat is a partnership in business? A business partnership is created when two or more p...
Mina George
Transfer Ownership of an LLC from one person to another
Is there any tax to transfer an LLC from one person to another? The LLC is formed in NY and it has a commercial real estate property.
Ray Dorrough
1 Time Partnership for Long Term Flip
Hello, I am a RE agent wanting to advise my client on a long term residential flip. The situation is as follows. 3 individuals (my client included) want to take equal parts ownership in a flip that will take 2-3 years...
Lisa Brez
1031 exchange on rental house owned with family member in exchange for owned by one family member
I currently own a rental property with family member (will call A) where we both put in 50%.CMA on this property #1 is @ $75,000 my share is $37,500."A" also owns a property #2 valued at $450,000 and would like to sel...
Hanah Frickers
Cheapest way to "swap" property ownership without an actual sale
Hi BP team,
My business partner and I own one property through an LLC (split 50-50), which for various reasons, we wish to exchange for a different property he owns outright through a separate LLC. I am looking at wh...
Angela W.
How to Set up Transfer of Property Before You Die
I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...
James Richardson
Investing in Apartments as a limited partner investor
In Southern California I belong to an investor group that purchases distressed apartment buildings, rehabs them and holds on to them for appreciation in value. I have been an investor since 1994.
When the General ...
Shane Crockett
Lenders love my DSCR and rent rolls, but hate my LLC!
I’m under contract on a $2M STR investment property with great rent performance, above 1.25 DCSR, and room for growth, but my investors are $50-75k/ea on a $500k raise so there’s going to be 7 of us and lenders don’t...
Andrew Smith
Multiple business ownership and partnerships (opportunity for me)
Anyone here own multiple businesses, and have different partners in each of the businesses? I am at a bit of a crossroads with two of the businesses I own. Details below, and responses appreciated!I own one solid bus...