I have one long term partnership that we share capital but I still do all the work ( rain maker) he is a cpa so he does do the books and tax return though :)  WE built one subdivision together were he put in 500k and I made him 1.2 mil in 18 months net profit so that was not bad.

To minimize taxes, ensure all deductible expenses—such as materials, labor, and loan interest—are properly documented.

Are you considering doing all cash, or do you want to finance? 

Unless you can knock all of those items out in the next week, price competitively in the market and are in a hot area. 

Hi all,Buying a house-hack in Little Elm Texas.

But also, even as Joe points out in his book, the true value of a syndicator is pulling together all the pieces.  

As always if you have any questions, I would love to connect and talk about all things data and real estate.

I already know all of that.

The perceived benefit to the investor is they either get the inflated price, or if the deal goes "bad" and the tenant defaults they get to keep all the deposit money and rent and all that.

The benefit to the seller is that they don't receive all of their capital gains in the first year, but they will pay as they receive their money.