Thank you again to everyone who participated in making Shepherd of Bull Valley a reality!

Given the size of the firm, all members of the team are expected to actively participate in the origination and executing of transactions.

And to hopefully find partners to participate in transactions. 

This may help fortifying your decision and timeline;Have your CPA review the benefit of being a full time agent who owns and actively participates in the management of  rental property they own.

I get what you are saying but It would be very difficult for a judge to rule that way legally when the tenant clearly agreed and initialed they are not participating in a installment sale .

The kids need to participate economically in the sale, and I'd want to confirm gift tax returns were filed in the past...

So if the percentage is based on the contribution from each partner, then the partner that puts up the 20% should be out of the picture once they get their money back...plus whatever agreed upon profit they were looking for...or at least they should have their percentage dropped, since their participation ended.Keep in mind, the participation from the other partners, that are responsible for all the rest of the continuing work, goes on, and on, and on, ane....

Hello BP, I have been a little sporadic in participating with BP.

There are several providers such as ourselves that actively participate on Bigger Pockets and would be happy to educate you on your options.  

It's interesting to read the public comments to see the different views on the issue, and it's encouraging to see how many people participated, regardless of viewpoint.