Receiving 49% ownership of RE investing Business.

[Allan L.]

My mom and I are planning on starting a real estate investing business. 

Basically, she is putting in majority of the startup capital and I will do majority of the work. I'm going to simplify our plan here. 

If mom puts in 100% of the capital but wants me to have 49% ownership would there be issues with taxes and perhaps inheritance down the line?

Also if anyone has advice on what business entity we should choose please fire away. Thanks!