I've been doing partnerships also..

If it's a multi member LLC/ Partnership/ Corp then there can be tax implications. 

First flip & the death of a partnership: Metro OrlandoFirst flip in Metro Orlando with photos!

@Andy BaumanAny sources on maneuvering such a partnership

@Angela MIller My first thought is doing a Partnership agreement upon an LLC structure, and you guys can state who owns what percentage in your partnership agreement. 

First you need to make sure you have an attorney draft up all partnership documents and security instruments for the cash invested by all partners.Generally the fewer people the better especially on something this small.

Doing my first Partnership with someone I met on BP.

You can't sell or take out the proceeds from an investment in a partnership/syndication to 1031 into another partnership investment/syndication.The rare exception would be if the syndication was set up as a tenant in common(very rare).

Our mastermind will be unlike any other group and will require the ut-most engagement and accountability to the member, enabling you to become your best self and accountable to your real estate goals.If you are interested in joining then here is a link to the application process: Application Link HereMastermind Benefits:-Accountability of real estate goals-Help make successful decisions from other experience multifamily investors-Partnerships and powerful network -Grandiose thinking and new perspectives on investment-Feedback and support 

I've thought about partnerships but am a bit hesitant.