Buy-Out Provisions In a Joint Venture (JV) Agreement

[Charles Worth]

I am looking to structure a JV agreement with a partner. I am pretty good with these types of agreements as I do them a lot at work but one place that I am stuck on is the buy-out clause because unlike a typical flip I am going to buy the house to hold at the end of the transaction. The JV has myself obtaining the majority of the profits and contributing the majority of the costs.

Does anyone have a good paragraph for the best and most tax efficient way to write this?