need help with strip mall - Posted by roger harris

Posted by roger harris on May 17, 2007 at 09:07:13:

I am purchasing a strip mall, and would like to sell 25% to a group of investors to use as cash flow, maint., repairs, etc. How can this be done? Do I need to form an LLC. with their 25%? How do I get their money into the checking account without showing it as income?