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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Pat Lione's profile image
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Pat Lione
  • Real Estate Investor
  • from Stamford, CT
  • Member since Apr 8, 2009
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Pat Lione's profile image
Pat Lione's profile image
Pat Lione
  • Real Estate Investor
  • from Stamford, CT
  • Member since Apr 8, 2009
Connect
Pat Lione
  • Real Estate Investor
  • Stamford, CT
1
Votes |
26
Posts
Tax, SDIRAs & Cost Segregation

Partnership agreement

Pat Lione
  • Real Estate Investor
  • Stamford, CT
Posted May 10 2010, 05:48

I am forming a 50/50 partnership LLC for flipping rehabbed properties. 1st question should I use myself or an llc for my 50% membership? 2nd question is taxes. Do we elect to do our own taxes (each member) at the end of the year or tax the partnership llc. Thanks

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