Kevin Hoover
Limited partnership to TIC - Can a child get joint property without capitol gains?
Input needed for least tax methods of unwinding a family partnership in the next 13 years.
a. General Partner is elderly father
b. 12 Limited partners - all children , spouses not included - cheaper by the do...
James Fraundorf
LLC member swapping and repercussions?
Hi friends, I have a question for any lawyers out there or anyone who may be familiar with this. This is concerning a property we have under contract in Minnesota. Is there is a way to bring the capital partner on th...
Account Closed
Need Advice - unwinding a partnership and selling a property
In 2005 I entered into a partnership with my brother and a couple of friends. We purchased a single family house to rent out. We (over)paid around $127,000 for the house. The property is titled in my brother's name...
Jason Malabute
UBTI and self directed IRA
If a limited partner investor invest money out of his self directed IRA will he get hit by UBTI?
Brianna Wickham
Partnering on an Owner-Occupant Deal With No Legal Entity
My husband and I want to invest in our first SFR deal with a friend, but we aren't sure the best way to structure our loan (I.E: can our friend just be a cosigner on our loan instead of a co-borrower), or how to write...
Faith K.
Depreciation recapture taxes in a partnership
I have heard two different opinions recently regarding depreciation recapture taxes in a partnership. Let's say Investor A is part of an LLC with Investor B that owns an apartment building. Investor A is assigned th...
Daniel Dietz
Taking on Partner to Existing Fixed Rate Rental?
Hello All, I have been talking to a property owner who is interested in bringing on a partner (me?) to a handful of existing rental properties that he has fixed rate loans on at under 4% and on average about 40% equit...
Todd Willhoite
Electing tax status for LLC planning to buy land and resell some
Some partners and I are purchasing a large parcel of land. We will probably sell off some large parcels to pay down the debt on the remaining property and then hold some of the land indefinitely. Trying to figure ou...
Joseph Vu
partnering up, tax question
So my brother wants to partner up and fund 100% of the down payment for all the deals I find. We would both be on the deed. Would this trigger an tax implications? Would this count as a gift?
Jack W. Wong
real estate partnerships
Hey all,I wanted to know if anybody has experience or input regarding mortgage partnerships?I am planning to partner up with a investor in Houston on a multifamily project where he will be my boots on the ground as I ...