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50/50 land purchase???
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martin
Posted 3/22/2015 11:10 (#4469341 - in reply to #4469315)
Subject: RE: 50/50 land purchase???


I have no experience with such a deal. However, it seems to me that one way to do it would be to set up a partnership - maybe and LLC - that would own the land.  Then, you could rent the land from the partnership.  This would be no different than if/when you rent land from someone else, except that you would be a partner in the ownership of the land. If you do it this way, the partnership would pay the land taxes.

????

 

 

 

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