@Peter Lohmann Looking forward to our partnership!

@Corby Goade - they were talking about it in the context of being limited to 10 per person (but getting around it to a limit of 40 when they factor in their partnership and their spouses).Does a 10 per person limit apply for conventional loans as well?

Mentorships and partnerships should grow naturally after building trusting relationships with other investors.

The program is for individuals only, no LLCs, partnerships, etc. 

@Tushar P.If you have investments in Partnership/LLC entities - you may receive a K-1 with many federal / state components.Some states have a gross income filing requirement and some states require a state return to be filed regardless of your income level within the state.Some firms(such as the big four) may present you an option of filing within the state or not based on your risk to the state.I.E.

I proposed a partnership idea and he loved it.

Hello. I'm new to the forums/ real estate investing. Been looking at properties around the Sbn Indiana area. (As I drive motorhomes out of wakarusa.) Does anyone do any investing in this area? I've been reading about ...

The point of corporations are they allow multiple owners to enter into business ventures and limit their liability to only what they have invested in the venture, and furthermore the entity itself can outlive and individual person, thus overcoming the limitation of a partnership that would have to be liquidated upon the death of one partner.LLCs have nothing to do with the number of loans you can get or your responsibility as an individual to pay them. 

You should even be able to finance a small mutli family without issue.I am however partial to passive investments such as syndicates and private partnerships such as what it sounds like you already own through your friends. 

@Joseph Vu Hi Joseph, we are a property management firm that has been investing capital for a private partnership over the last ten years.