I have been a sporadically active member of Bigger Pockets for a while now, but am looking to use this community's wealth of real estate acumen and experience to further my own knowledge base and hopefully forge mutually beneficial partnerships going forward.

So far I'm very pleased with this partnership. 

Branch of a Foreign Bank or Insurance CompanyInterestDividendsCapital Gains (Income Code 9)RoyaltiesReal Property Income and Natural Resources Royalties (Income Code 13)Pensions, Annuities, Insurance Premiums, and/or Alimony (Income Code 14)Scholarships and Fellowship Grants (Income Code 15)Pay for Personal Services PerformedPay for Independent Personal Services (Income Code 16)Pay for Dependent Personal Services (Income Code 17)Pay for Teaching (Income Code 18)Pay During Studying and Training (Income Code 19)Artists and Athletes (Income Code 20)Real Estate Investment Trust (REIT) and Other Trusts Distributions Subject to IRC section 1445 (Income Codes 24 and 25)Unsevered Growing Crops and Timber Distributions by a Trust Subject to IRC section 1445 (Income Code 26)Publicly Traded Partnership Distributions Subject to IRC section 1446 (Income Code 27)Gambling Winnings (Income Code 28)Notional Principal Contract Income (Income Code 32)Substitute Payment - OtherCapital Gains DistributionsOther Income (Income Code 50)

I also certify that I/Wedo not have a conflict-of-interest with any other party to the transaction,including the realtor, lender, contractor, consultant and/or the appraiser.In addition, I certify that I am not obtaining any source of funds or actingas a "straw buyer" for another individual, partnership, company orinvestment club and I/We will / will not (circle one) occupy the residenceI/We are purchasing or refinancing."

On the other hand, if you are a partnership, we have more issues: (1) what were the owner contributions/distributions; (2) what are your capital accounts; and (3) who is going to initiate and complete the filing of Form 1065 (partnership return)?

I would just treat it like any other partnership and make sure you define carefully in advance what is expected of each person in a partnership agreement.

Legally, you can have a partnership arrangement without forming a formal partnership or business entity.

if the deal is good enough we will do a JV partnership and put up all the money.

A joint Venture\partnership agreement to purchase OUR next rental property.Explanation: Now that I have a little experience in both locating a property, and managing one. ( have done so for 3 years and running ) I think a good idea would be to get a few investors together, you know, those of us who have a decent amount to invest (say 20k min each) and we can work together to locate a property, vote on it, and once we find a good one, we can put in a cash offer.

I have funds for partnership deals or to buy fix and flip.