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Updated over 5 years ago on . Most recent reply

Jenna Walker's profile image
Jenna Walker's profile image
Jenna Walker
  • Member since Oct 2, 2019
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Jenna Walker's profile image
Jenna Walker's profile image
Jenna Walker
  • Member since Oct 2, 2019
Connect
Jenna Walker
2
Votes |
34
Posts
Rehabbing & House Flipping

Best way to partner with friends in deals

Jenna Walker
Posted

We would like to go into deals with one of our good friends

One would be buy and hold/rent.

One would be flip.

It will be first time for me to partnering with others. Since there will be tax/ capital gain issues, it seems more complicated than I think.

What is the most simple, ideal way to go about?

Do we all put both of our name in deed or not?

Do we have to open up LLC?

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