Karl James hi and thanks for reaching out. What you suggest is actually already stated in the PA we both signed. I could now tell him to simply check with his CPA about it or to provide him with some basic information on what those forms are and how to file them, actually nothing more than what i learned from Seth Williams on this subject (all info to be checked with his tax expert in any case). It would cost me a little effort and would make him probably happy (so far it was a pleasure to discuss business with him, otherwise I wouldn't dare for sure...).
Whatever the decision though, I'm stll curious to understand, as I may find myself to file those same forms as seller if and when it will be the time and I'll have the chance to sell in bulk too. When it will happen, my CPA will likely/hopefully take care of them but still.....😁
Investing with equity partners
How to invest with partners? Any advice on how to structure the equity fund, management fees, etc?
donyost Don Yost last edited by
Paulo Munera what kinds of properties will you be investing in? How many parties will be involved? How much money will each party bring to the table? What will be the responsibilities of each party? A lot more detail is needed to begin answering these questions.