Who to Put Down as Owner?

[Jacob Robinson]

I am working on making an offer on my first real estate deal, the plan is to flip the house.  I know the profits will be taxed as regular income, and I am trying to figure out if what I am thinking okay. . .  Unofficially speaking.

Person A with be supplying the money through a HELOC

Person B is the brains behind the deal and doing all the legwork and also is in a lower tax bracket than Person A

Can Person B assume all profits from the flip and pay at his tax rate?

Person A is supply the cash for the deal but is not looking to make profits, just a nice guy/dad

Dose my scenario make sense, if so, does Person A and Person B have to be on the deed?

Thanks, trying to milk every bit of profit I can if deal goes through.