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Tax, SDIRAs & Cost Segregation

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Luigi Gutierrez
  • Anaheim, CA
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cowholesaling

Luigi Gutierrez
  • Anaheim, CA
Posted Apr 25 2015, 23:25

Im 17 years old. I look forward to start co-wholesaling, I have a significant amount of knowledge to haul in a pool of buyers ready to invest in or buy properties. The thing is, can i sign a co-wholesaling agreement if im only 17? Im not technically buying or selling any property under my name? Im simply setting up deals and walking . The wholesaler and i split the assignment fee 50/50 and when the deal closes he or she will send me a check of half the money made in the transaction. Is that legal? 

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