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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] investor & rental Posted by Camille Calenda on September 15, 2003 at 10:52 AM Hi Ward! We have a rental property that we want to split 50/50 with an investor. My questions are: 1. If the investor puts up all the cash to buy the property and we rent it out for $1500 per month...how do you split the $1500? 2. Do they get all the depreciation and write offs? 3. Do they pay for all the repairs all the time? 4. Would you do a separate LLC for the property or just have the property have it's own trust tax ID#? Thanks a lot! Camille :) Follow Ups: Partnership profit splitting.. Ward-CA- 4:01 PM, 09/15/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward! : We have a rental property that we want to split 50/50 with an investor. My questions are: : 1. If the investor puts up all the cash to buy the property and we rent it out for $1500 per month...how do you split the $1500? : 2. Do they get all the depreciation and write offs? : 3. Do they pay for all the repairs all the time? : 4. Would you do a separate LLC for the property or just have the property have it's own trust tax ID#? : Thanks a lot! : Camille :) Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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