If you had no rental income, what other purpose is there than sale? 

Depends where the money is but I'd be inclined to just invest in your personal name or a trust (I would not set up one just for this purpose).

Hello all, if you were to invest 50/50 on building a new home for selling purposes with a partner and the partner agreed to do all the work what would be a fair split of the profits?

I've got a little money left from my primary refi. just for investment purpose, however I didn't want to have any money in the rental at the end. for this deal, i don't think its possible. talked to the owner yesterday, he was laughing at my $74k offer. $90k was his preferred, I keep advertising DM for last 8mo waiting on getting some better leads.

My purchase price was $250,000 and the assessor appraised it at $320,000 for property tax purposes. 

The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership for federal income tax purposes.

I don’t want to break the rules by making this sound promotional or like an advertisement, but it would be great to get the opportunity to chat or meet with investors and discuss the kinds of services I can offer and any other possible way I could be of value.

BP removed my post. it was not even self-promotion.

You can also take out a general-purpose loan from your TSP up 1/2 of the balance.

It seems that is might be classified as rental income (therefore passive) under Sect 1.61-8 of the Treasury regs, but I am way out of my area of expertise here.Can anyone who has successfully completed lease-option projects or has experience with reporting your option fees provide an outline of how those fees were treated for tax purposes?