(Assuming you file joint taxes.) otherwise you’d both have to be on title if you file seperstely. 

So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us.

And we'll still do a 50/50 split on the work we put in.Given all this, how do you think we should handle the loans, profit distribution %, and our partnership structure (tenancy in common or joint tenancy or LLC)?

I assume then if my tax status is married filing jointly, we are considered one tax payer.

The property, sold by a joint venture between JBG SMITH and PGIM for $325 million, or $588/SF, was approximately 26% below its 2019 valuation.Other examples include Lennar's acquisition of its Miami, Florida headquarters for $68 million, or $319/SF, and First Energy's purchase of its Akron, Ohio headquarters for $49 million, or $136/SF, both at substantial discounts to replacement cost.Investors pricing deals at discounts to existing debt is a parallel trend.

Developing contacts with other investors may lead to useful information, assistance, and even joint venture prospects.Examine the several financing choices that are available for buying houses, including conventional loans, FHA loans, VA loans (if appropriate), and even portfolio loans from nearby credit unions or banks.You might think about contacting mortgage brokers who focus on investment homes.

Alternatives include exploring seller financing or joint venture partnerships to potentially reduce your upfront cash requirements.

If I am the only one materially participating in STR, can we deduct STR depreciation from my spouse's income if we file taxes jointly?

We have it in Joint Tenancy and do everything 50/50.

Currently, they file taxes separately, but they plan to file jointly after establishing the Holding Company.