Splitting profits of sale

[Phillip Seibel]

Hi everyone!! Buying our first investment property. My son is buying the property in his name and using his money to pay closing costs and down payment. My fiancé and I found the property, negotiated the contract, and wrote all the contracts. When we go to sell the property how should we split the profits? My fiancé thinks it should be 1/3 1/3 1/3 and I think it should be son-50% and us 50%. Which way would you guys recommend?