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Tax, SDIRAs & Cost Segregation

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K. Webb
  • Rental Property Investor
  • NJ (new jersey)
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5
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Start up real estate

K. Webb
  • Rental Property Investor
  • NJ (new jersey)
Posted Jan 11 2021, 11:17

A gentleman started a business with no idea what to do. So he told me about it and I decided to help. So this business is a real estate investment company and with about 75k in a business account I decided to build capital with a few fix and flip while figuring out the direction of his company. What should I be asking for in return in helping him get going and also should I be looking to 50/50 this fix and flips or 60/40? He really has 0 input in the process and being that 75k is not much I’m using a hard money lender to complete the first few deals