Aria Pearl
Fair profit split with only 1 partner on loan
Hello everyone!
I am trying to come up with the best way to split profits for a 3 person partnership.
We are looking to purchase a property for short term rentals. We are all planning to split the down payment even...
Natalie Morisoli
How to structure a partnership with an investor partner??
Hello! What are the first steps in structuring a partnership with a potential investor partner? I have someone who is interested in joining me on a multi-family unit venture but I have no clue about how to structure t...
Chase Gochnauer
Family member/self directed IRA
Hello
My stepfather has interest in investing in an apartment building I'm purchasing via a second mortgage for a portion of the down payment for a fixed return. We determined that a self directed IRA was the best veh...
Account Closed
Can Registered Partner Disinherit Surviving Partner via Will?
10 years ago, Investor A from California met Investor B on business trip in DC and they registered as domestic partners in DC. They remained domestic partners and also as business partners, commuting frequently cross-...
Alexander Schloe
Air Force Doctor at Eglin AFB in Fort Walton Beach, FL
Hello BP Members, My name is Alex Schloe. I am a newly married Air Force Family Medicine Resident Physician at Eglin AFB, Florida. My wife and I have been very interested in getting started with long-term buy and hold...
Karen Parker
I Just Love These Billboards!
These billboards are showing up along the roadways now. I think they're great. Its a reminder that people need that the recession is not going to last forever. What goes up must come down but it has a tendency to go r...
Soren Loftus
Divorced, broke, 500k+ debt new dentist ready to change
Hello everyone,
My story makes me a little sick to think back on and retell, but it’s mine and I’ll claim it if for no other reason than the satisfaction of the difference when I’m free.
I grew up in a rich home but...
Natalie Schanne
Help!!! My spouse doesn't want to house hack and I REALLY do!
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
Rick S.
Capital Gains Split on Sale of Rental
A partner and I are selling a rental SFR. We own it 50/50 and have reported all income, expenses and depreciation on our tax returns 50/50 since we have owned it. We would like to split the sales proceeds 70/30 to giv...
Sean Tabor
3rd Deal: House Hacking with 6 beds
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $10,000
Cash invested: $4,000
Sale price: $10,000
First House Hack: 6 BR 2.5 Bath (Semi-Duplex). Rented all spa...