We are looking for a guideline basis template of a Syndication Partnership Contract where the following is defined at the minimum;The Partnership: (names of parties involved) Contributions: (the parties name and what they are contributing to the project) Profits/Splits: When and if the rehab project is complete and profits are made they will be distributed at an X percentage to each X member (listed out per partner) Accounting/Taxes: Each member assumes capital gains tax and will be provided a W-9 from the contractor and must submit their own taxes. 

-LLC continues to file 1065 for partnership income.

(Although in the Twin Cities MN area the buy and hold deals are very thin and hard to make a partnership work in our opinion).I would really appreciate peoples feedback on this.

I have mostly had good partnerships but there have been a couple opportunities where I had to decide to see other business partners. 

Are there other local options E.g. house hack, rent out a room, partnership, etc that allow you to be on the ground to check on your property, vet trade workers, develop relationships, vet tenants, etc.  

I've been successfully House Hacking for 4 yearsI am looking to grow my networkI am in the Austin marketMy current investment cash flows 680/moMy current cash on cash ROI is 26% with my current property (not including property value appreciation)I would be interested in connecting with individuals both in Austin or Nationwide that are also doing the same thingI am looking to make additional investments in property and have cash as well as liquid assets to make this happenI would consider partnerships with others on future dealsPlease let me know if you would be interested in exchanging ideas, are open to partnerships, or even just want to do deal reviews with each other.

9) what are your rights in this proposed partnership?

Using Partnerships to get started is definitely on my radar as a strategy to grow. 

Everything thing is accounted for in our LLC partnership return—the ledger is balanced and our Capital accounts reflect cash put in the deal.

I also manage a multitude of JVs with individual investors and also hold notes in an LLC owned by my Roth SDIRA in partnership with 2 other SDIRAs.