It's great that you're naturally a saver and already thinking about balancing enjoying life today with preparing for the future.

Having to get super create just means you aren't prepared for the deal. 

It is a equity split depending on the assets we contribute..right now actually preparing to get to it

Want to feel more prepared the next time I step into a dangerous place like the one I saw today. 

When you believe someone is going to cause problems, it's best to flood them with evidence and put them on notice that you are prepared to defend yourself.

Some preparer are afraid to share any information due to the fear you will take the information provided and self prepare and subsequently not get paid.

That was something I wasnt prepared for when i first got started. 

If you are reporting it on a schedule E (you are not taxed as a corporation or as a partnership in non-community property states) then no, there is nowhere on your tax return that shows your cost basis and your tax preparer likely doesn't know. 

Be prepared to followup numerous times.Highly likely the owner will treat your letter like junk mail.

Preparing to list rental after completing lengthy rehab.