I am curious about how others have structured this in real-world deals. please keep things very simple, these crazy structures people pitch only add cost and frustration.

Hi all, I’m in the middle of a seller-financed acquisition of an asset-heavy hospitality business, and I’d appreciate feedback on the deal terms, promissory note structure, and tax implications.This is a family-to-family transaction designed to benefit both sides.

Quote from @Barbara Johannsen: I’ve seen that note transactions can sometimes be structured in creative ways  partial sales, flexible terms, or joint ventures.What’s the most creative structure you’ve used (or seen) in a note deal that worked well for both sides? 

Hello, I am looking for advice on insurance structure. 

As others have mentioned, structuring the LLC correctly, tracking your hours for material participation, and keeping clear agreements on responsibilities, rent, and exit strategies is key.

Quote from @Andy Chen: Hi all, I’d like your advice on how to structure a potential deal.A friend of mine owns a property outright that still has plenty of space for additional development.

Secondly, entity structure is asset protection, not tax mitigation.

If I had someone come to me with that, I would probably cut that Bass salary in half if they wanted that type of incentive structure. 

My background is as a structural engineer (licensed in ~20 states), and over the years I’ve seen firsthand how engineering/design input can make or break a value-add project.I’m curious how others here have structured partnerships when one partner brings specialized skills (like engineering/architecture, general/specialty contractors) in addition to capital.Do you attempt to treat them as a straight equity partner, as a reduced cost service provider with upside or something more creative?

If it’s not structured the right way, you could end up paying a lot in self-employment tax since flipping is usually treated as active income.