The structure for this is a discounted sale, lease back, buy back.One of the partners is a qualified intermediary as well that understands the plumbing behind it to make it 1031 compliant.If you have any questions on that - feel free to give me a buzz.

The advantage of a partner is providing something that one could not get on his/her own.

A few months ago I recall seeing a new email about Airbnb partnering with apartments in select cities where the apartments and city already pre-approved the ability to short term rent.

In an ideal world the investor, a partner, an interior designer, or for larger investors maybe a project manager would be able to collaborate with the contractor(s) on these things.

@Stuart Udis my thought was to spread the risk is why to partner.

I have been offered a proposal to partner with the broker on a house what percentage do I ask for if I am providing all the labor and he is the money?

My partners and I subdivided the property into two distinct rental units:Unit 1: 2 BR / 1 BAUnit 2: 1 BR / 1 BAGiven this setup, the property is now being used as a multifamily dwelling.

You definitely want a legal agreement that's forecloseable, getting as much front money as possible so that you're not just in a lurch with nothing if/when they default, and you should get better interest terms for "being the bank" AND I would qualify the buyer just the same as if they had to go to a bank, because you want to know who your partner is in this deal.

Therefore a partnership return will need to be filed and each partner will get a K-1 reporting their share of income.Each investor will then report that income on their return.Taxes will be calculated based on each partner's tax rate.Best of luck.

@Akash Agrawal In a real estate general partnership, all partners can be on the deed while only one partner holds the mortgage.