Flipping with a partner

[Shannon Cannon]

Hi guys! I am doing a flip with a friend of mine.  This is my first time using a partner, (but not my first flip) and have a few questions. She provided the cash to purchase the house, we put it in her name, and I will be doing the renovations. We will split profit 50/50 at the end. At closing, how do we split profits legally, so that she doesn't end up paying all the capital gains? We haven't closed on the house yet, she just signed contracts. I haven't used any type of entities yet in my investments, but wondering if I should in this situation to protect her? Any advice is greatly welcomed!! Thank you!!

Shannon