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Updated over 7 years ago on . Most recent reply

Long Vang's profile image
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Long Vang
  • Real Estate Investor
  • from Milwaukee, Wisconsin
  • Member since Nov 2, 2016
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23
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2
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Long Vang's profile image
Long Vang's profile image
Long Vang
  • Real Estate Investor
  • from Milwaukee, Wisconsin
  • Member since Nov 2, 2016
Connect
Long Vang
  • Real Estate Investor
  • Milwaukee, WI
2
Votes |
23
Posts
Creative Real Estate Financing

Need input on money pool

Long Vang
  • Real Estate Investor
  • Milwaukee, WI
Posted

There are 8 of us that are going to open an investment account in which we all agree to put in 10% of all our in monthly income into it. This account is and will only be use for investments only.

So my questions is how should we set up this account and how will it affect us when it comes to tax time?

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