Proceeds to segregated account to be disbursed ONLY on rental property improvements and expenses to preserve the deductibility of interest on your Schedule E.

You split the monthly proceeds assuming there are monthly proceeds, and upon exit in 3 years, you split the profit from the deal, again assuming there is any and everyone is evened up at that time.If you were pitching me on this, I would say no because you assume no risk. 

You get a deduction for the contribution, the gains grow tax-free and as long as you use the proceeds for health-related expenses the funds come out tax free as well. 

@Pixel Rogue The cash out proceeds should be for business purposes such as investing in another RE project. 

Perhaps check with a local attorney before proceeding.

And end of year actuals never pencil out like the spreadsheet...I'm not saying that it's a bad idea; I would just urge you to proceed with extreme caution.

So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 

After a lot of back and forth, she proceeded to share a few receipts, with multiple duplicate receipts, that do not total to amount that I was charged on my card, and there are discrepancies in the charges such as multiple mattresses, multiple coffee makers, 116 towels, etc.

Hey everyone, Who here is looking to buy or even start their own cleaning service business?

Quote from @Francisco Solano: I suggest you ask a business attorney in your state for this basic template.