Structuring partnerships with family

[Briana Nasman]

Hello! 

I know this sort of thing has been asked a million times, but I didn't really find an answer that hit the nail on the head for me. 

I own a property with my dad as a 34 (me)/64 (him) split. I have done 95% of the work, from managing an extensive and extremely complicated remodel, to sitting in city court due to code violations from past owner, to managing the tenants (+10% of rents for this specifically- it's a clean and sober house). However, I quickly realised that if I'm putting in nearly 100% of the work, I should probably own more than the amount of money I put into the deal. 

My question is, how do people structure their partnerships with family (I know there will be more of these deals coming up between both my dad and I and my fiance and I- again, I'll do all of the work)? Any suggestions for smoothly working this out so that it is a little more equal (or is it a loss)? I clearly didn't think about the business management aspect as something that maybe deserves ownership, but after seeing a lot of posts about someone putting in 100% of the cash while the other puts in 100% of the management and they split the deal 50/50, I'm starting to think I kind of screwed myself! 

Thank you.