I was curious how those of you that work with partners clearly define the roles and benefits within your entity.

You do that, it's going to be best place to start because I am betting from there you will seek how to simplify things. 

Quote from @Yaroslav Shtogun: Thank you James,Do you know how difficult it is to do dimensional variance on the lot?

I don't know about your state but mine (TN) has a lookup tool that will show you the agent's original license date, the brokerage incorporation date, etc. 

I could be wrong or out of line, but I feel like this is a field where you really need some good expertise/experience to know how to address the variety of crazy situations that will come up.

well, who knows if that's enough? 

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.

Let me know how I can help!

Investment Info:

Single-family residence fix & flip investment in Goodland.

Purchase price: $100,000

Cash invested: $35,000

Sale price: $270,000

Hey BiggerPockets Community,

I recently updat...

Hello! I am trying to find more properties that are good flip or BRRRR candidates. Everything my realtor sends me is already on Zillow and has many eyes/bids. Therefore, I'm trying to use technology to get an edge. As...