Buying a property with a partner

[Ryan Crowley]

Hello BP community, I'm fairly new to the world of real estate investing.  I've got the benefit of a possible partner that owns several rental units but he's never partnered on one.  

My question is: What is the best way to hold this deal? We both have LLC's but I don't think we can make the purchase using 2 LLC's, can we? For obvious reasons at the least I would like to ensure that both our names (or LLC's) are on the Deed.

Any suggestions on how to set this up to give us both protection and possible tax benefits? Is setting up a trust the way to go? Or maybe we should do a new LLC with both of us listed as owners? Any advice from the more experienced is welcome. Thank you!