@Ayyoub Reza- thanks -  depending on how you file your taxes - you might ask this  question to a CPA ...if you file jointly - I would recommend  you  be the buyer of the  next rental .....this would posisbly allwo you to  avoid needing the document the  rental property 

Quote from @Alex U.: We are embarking on a construction project to build a 6 units onto a piece of land(30 yr fixed loan).  

Joint Venture, Cash How did you add value to the deal?

Quote from @Alex U.: Are you expecting the California government to use taxpayer funds wisely, the same government that spends $42,000 per homeless person?

Can you share how depreciation works in a Joint Venture?

They are drafted in such a neutral way that parties have to go to court (or mediation) even when one party has no legal ground to stand on.The contract language here essentially requires either (a) joint instructions, (b) court order, or (c) 2 years of inactivity with neither of the above occurring. 

@Edgar U.

Nick is doing his Poker U tube channel and not sure what Armando is up to.. 

Now when the Fed made radical U-turn, they're all the one that's holding the bag.

As well, beware the inflated “average rent” stats in Padmapper because they include AirBnB listings...still good to use once u filter those out.