I am open to joint ventures.

.”* Some kind of joint venture or common interest development.

Married filling joint.

Additionally, I am open to partnering with other interested investors, especially those looking to support a first-time entrepreneur like myself.Please reach out if you are interested in advising an aspiring investor or even jointly pursuing a new real estate opportunity.

My understanding is that whatever "net income" I have from my rental is taxed at whatever income tax bracket my wife and I are in.My wife and I file jointly and our taxable income puts us in the 25% bracket, so my understanding is that if we make say $4000 net income from our duplex then we pay $1000 in fed taxes on that.Are you saying that is incorrect?

Do we both record 50% in our own separate QuickBook accounts or do we need a joint account now??

a joint venture agreement would be best 

Joint venturing, paying a larger sum at the end, hiring contractors on credit are some ways I know.

They were added to my LLC instead of doing a joint venture for two reasons taxes and ease.  

Nonrecourse loans usually require 30-50% downpayment, but are good if you need extra funding for a deal.Another option for funding would be a joint venture.