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Results (10000)
Lacie Gilbert Splitting Profits on a Flip
30 August 2019 | 3 replies

My mom and I are buying a house to flip. She will put up the money for the house and rehab. I'll be doing all the work. We're going to split the profits 50/50. This is my only job and will likely be my only reported i...

Michael Healy How to split partnership?
11 January 2017 | 3 replies

How would you split a partnership where one partner brings the 25-30% down for commercial loan and the other partner brings the relationship with lender and w-2 income and local network and managing experience.

This...

Michael Wilson Does anyone have an example of a joint venture agreement?
1 January 2021 | 2 replies

Does anyone have a joint venture agreement form or template they have used previously they can send me? Something simple like going 50/50 splitting expenses, income and appreciation with a partner or friend? Thanks in...

Mike Boss Should I get a real estate license?
7 January 2024 | 17 replies

I currently work as a self employed business owner and have made over $100k for the past two years. I found a niche that has worked so far, however I don’t think it’s something sustainable or will last forever. I have...

Zander Dragony Taxes When Flipping a House
13 March 2018 | 5 replies

Hey I had a few quick question about how you get taxed when flipping a house: At what point do you pay property tax and how does it get split between the buyer and seller? Do you have to have to pay capital gains tax ...

Jon Dorsey Tax Mitigation Strategy when forming Partnership
19 April 2018 | 10 replies

Looking for advice on how to structure a deal to minimize tax consequences for my partner. I am partnering up with another person who just wants to bring money to the deal. All they ask for is equity appreciation down...

Tony Velez Partner on a triplex
14 December 2015 | 4 replies

Hi,I put a triplex and they accepted. My mom was asking about possible partnering with me on the deal. Then she would like to get out in 5 years.  First we would both put $25k down payment each. Split the cash flow. A...

Lee Liberman buying in your own name (not an llc)
10 January 2018 | 2 replies

Situation:My brother owns a rental and I own a rental in our personal names prior to us looking to invest as partners.We purchased our first house together (house 3) in an LLC with both our names attached to the LLC a...

Leewood Chan Tax questions for the Rental property after transfers title from personal to LLC
3 November 2023 | 8 replies

My Sister and I bought rental property on April 2020, and it listed and rented start on July 2020.  On June 2022, we established LLC and transferred title from our personal name into LLC.1. Do we need to split the dep...

Yamin Tun How can I rent a house as two separate rental units LEGALLY?
2 August 2024 | 4 replies

Hi,
I want to rent my house 6 brs, 2.5 bas as two rental units without converting into a duplex. My concern is how to handle utility bills between two units without a disagreement. I find that converting the propert...