Create an actual legal partnership (LLC, talk to a lawyer for specifics), spelling out who will do what, and most importantly, how the partnership will end.

Set up an LLC and have an attorney draw up the partnership documents that spell out everything BEFORE you start any work or start offering for deals.

RS likely has the K-1s from the partnerships, and just hasn't produced K-1s at the RS investor level. 

I just got back from Jeff Taylor's Mr. Landlord conference  and a guest speaker was discussing protecting your assets from being sued by placing LLC's under a family limited partnership.Its expensive  but if you can g...

Partnerships with Family best way to go about it?

4) Since we want to be taxed like a sole proprietor/partnership rather than a corporation, we don't have to pay ourselves with a W-2 and withhold taxes right?

Did you develop partnerships?

Hi @Dror Samoelov that would be a partnership agreement and frankly its best to have a qualified attorney create one that meets your criteria and is compliant with the laws/regulations where the sponsor and/or partners are located. 

Probably 50/50 partnership, but it can be split anyway you want.  

The problem is that I have nothing to offer to the partnership.