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Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.
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I'm looking to setup an oddly structures partnership where one person begins as the complete owner, gets all profits until the investment is paid back, and then transfers 3% equity to the other partner per year of pro...
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Hello bigger pocket community,
I am new to this site and I am hoping I can get some clarification on a question
I am partnering some another person 50-50 to build a house. We will be hiring contractors to do all the...
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Hello, I'm a newbie real estate investor in Kansas City, Missouri. I'm working with a business partner, and are looking at setting up LLC and business plan. We want to make sure our company is built out right, and eve...
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I currently own two properties with a partner. We purchased both properties in 2010 as a 50/50 split on both. The problem is I am the mortgage holder for one and he is the holder for the other. We are running all the ...
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Hi everyone! Long time listener/first time poster. My name is John and I live in southern Maine. I've found a very lucrative, high cash flowing business model that I am interested in scaling. I have two houses now...
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
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Could someone point me in the right direction, if there are any previous posts that address this?I have a project that I am working on, the formal partnership is not set-up yet. There will be 3 partners (each providin...
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Hello all, I am a licensed professional engineer in CA with 7 years experience in various types of construction and have been tossing around the idea of starting a cost seg consulting company. I am looking for other p...
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Hi Everyone,
Can anyone recommend a few resources around structuring partnerships for the purpose of buying and holding real estate? While I can bring in a money partner on a single-family home purchase, I’m hesitant...