A good way to get started is by networking with local REI meetups in your area, or even volunteering to walk properties with experienced investors so you can learn the numbers side while contributing your expertise on the renovation side.

Structure it as an LLC (not a handshake).Form an LLC and have everyone listed as a member based on their contribution — whether that’s cash, credit, or sweat equity.

If you’ve been where I am now, I’d especially appreciate any advice on what you wish you knew starting out.Looking forward to being part of this community and contributing where I can!

For example, installing plumbing systems in new buildings, remodeling existing structures, or working on commercial developments directly contributes to real property projects and thus counts toward REPS eligibility.Operating the Plumbing Company as an OwnerOperating a plumbing company as an owner may qualify as a real property trade or business, but only to the extent that your activities are directly tied to real property projects.

Hi everyone, I run a house-flipping business in California through an LLC and I’m looking for guidance on how to structure my deals so that outside investors can contribute capital and receive a share of the profits, without becoming formal equity partners or members of the LLC. 

You can of course use your own money to fund the LLC as a contribution and then have the LLC purchase property directly without financing.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Great to have a seasoned broker in the mix, this is a perfect space to network and share what’s worked for you over the years.Looking forward to your contributions, happy to connect!

If you’re working in the Florida market — or have advice on scaling responsibly — I’d love to hear from you.Looking forward to connecting and contributing!

Looking forward to contributing back once we get our feet wet!.

I’m especially curious about what works best when it comes to marketing flipped properties and getting them sold.Looking forward to learning from you all and hopefully contributing where I can.Thanks,Antonio de Llamas