I personally witnessed a Joint Venture that fell apart because the General Partner (GP) was depositing the Partners money into his own Personal Bank Account.

Hi everyone! 
I'm working on closing a deal with a partner and I want to make sure our JV agreement is set up good so we don't have any issues down the road. Does anyone have any tips on how to properly set up a JV a...

I'm working on my first go-around of tenant screens for a house hacking arrangement.  The potential tenants are aware that I'm the PM and neighbor.

Rent: $1,600
Tenant 1: a few years about of school, excellent pre...

A JV would be me and you signing a joint venture agreement, specifying that we'll split profits 50/50% on the sale of a particular property.

All you need is a "joint and several liability" clause.

Also, stay away from the fridge doors that have a handle that moves with a joint vs a bar. 

. - joint venture or private loan it out while you gather more money or weigh your options. - buy a solid single family home in an appreciating area like Tampa.

If he owned it joint with his wife, then upon death it goes to her and she could sell it to you.

We are going to open a joint account and put the 10,000 dollars in there, and I am going to live in the duplex so we can qualify for the loan(This is my second investment property, I'm only 18 years old).  

So it’s a joint llc liability?