That was great. It made it so simple to understand the difference . Although there may be room for interpretation of whether someone is passive or not, just understanding that factor to be the difference is critical. Thank you!
@MauricioJRauld Жыл бұрын
Thank you. Yes, there is some nuance as to whether what you are doing is active enough to count but if the investor has no specific knowledge about real estate investing, for example, it makes it harder to argue that they are assisting in generating the return.
@oleopathic Жыл бұрын
Thank you for video on JV, Mauricio and team. What qualifies as "being involved" for each member of a JV inside an LLC? Can one member handle all the communication and negotiation while another provides beauracratic support and yet another technical IT support and finally another legal support ? Also, who is asking about the responsibilities of members? IRS, state, or local government? How are responsibilities documented and tracked? Are there minutes to be kept ? Mauricio, do you work with JV members or only syndicate schemes on a retainer ?
@jimb3317 Жыл бұрын
Thank you I enjoy these segments
@batman-xk4dv9 ай бұрын
There are too many people calling their securities a "joint venture" yet no one is getting in trouble
@FIRE_DrNinjaTurtle Жыл бұрын
Awesome Kathy
@klitsuk9 ай бұрын
Wow. Thanks.
@dhowto3005 Жыл бұрын
Thanks!
@kavinvanich Жыл бұрын
Thanks would let my dad know 😊
@shwnshts94693 ай бұрын
How does a jv create revenue? And how does this not spiral into a ponzi scheme
@shwnshts94693 ай бұрын
This sounds like a recipe for unregulated abuse. Its hard to see what tf a joint venture accomplishes besides avoiding regulation