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Five groups of land owners with various amounts of property would like to "unite" in some form of partnership based on the value of each of their land holdings.
Thereby, if any of their property is developed, they will all share in the profits as a percentage based on their ownership share...
Five groups of land owners with various amounts of property would like to "unite" in some form of partnership based on the value of each of their land holdings. So if any of their property is developed, they will all share in the profits as a percentage based on their ownership share. Any...
Hello.
I had a real estate partnership (50/50) with an attorney on a piece of property. This is an attorney who acted as council to me in a prior civil suit. The attorney had very detailed knowledge of my personal and financial positions. We got into business together...where I was...
What is the name of your state? New Mexico
I've written before regarding this topic but have some new considerations:
1) I'm a 50% partner in an LLC owning a commercial property.
2) I've had discussions with the other partner regarding him buying me out.
3) I've owed $2,000 to the LLC since...
What is the name of your state? New York
When someone dies and their assets are passed to the successors the stocks/mutual funds adjust their basis (acquisition price) to the day of the death. How is property such as a home and raw land treated? Does it readjust it's basis as well? And lastly...
What is the name of your state? New York
When someone dies and their assets are passed to the successors the stocks/mutual funds adjust their basis (acquisition price) to the day of the death. How is property such as a home and raw land treated? Does it readjust it's basis as well? And...
What is the name of your state? New York
When someone dies and their assets are passed to the successors the stocks/mutual funds adjust their basis (acquisition price) to the day of the death. Is that true? In this same regard, does property readjust it's basis as well (i.e. a personal...
What is the name of your state? New Mexico
I'm a half partner in an LLC which has a commercial rental property. We filled out generic LLC forms from a Nolo law book. I don't have the documents with me but my partner is wishing to buy me out. He says that his buyout of my 50% position would...
What is the name of your state? New Jersey
I'm setting up a not-for-profit entity (NFP) and wish to use my property/house as a museum/education center. Can the NFP be operated without placing the property within the NFP? If the property (which is valued at about $1 million) is placed in the...
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