When you start making the connections and establishing these partnerships, you will truly gain traction and make big leaps toward your goals.SummaryThose that achieve big things take action, have plans, take inventory, build scalable models, allow time for results, and look for others to help drive them forward.

@Kim West the best thing is to for you and your partner to discuss and agree on all the major details then meet with an attorney to put the partnership agreement and legal structure in place.

If you are have a passive activity income from other business partnership or investment, you rental loss can also offset that income. 

We are offering many programs for them for partnership.

I read the book "How to Use Limited Liability Companies & Limited Partnerships" by Garrett Sutton after getting several recommendations for it.

A partnership should decide how these types of transactions will be handled ahead of time in the partnership agreement.Profit and losses do not have to be shared in the same way.

An LLC, when it's created, is by-default taxed as a sole proprietorship or partnership.

This can be done through a partnership where one lends money to the partnership or members of an LLC (or any business entity) but when there is no partnership arrangement and you are "outside the deal" you can have problems if you are acting as a lender and then take an equity position, you will certainly get in trouble if you lend money and then provide any direction or business advice or requirements.

buying property with a partner who i was emotionally tied to, then she needed to occupy the property. getting money from her became a task like pulling teeth. needless to say she hardly ever paid. so in the between times of us not having tenants i paid the full balance of the mortgage. on top of all else our relationship began to sour and work needed to be done on the property but i didn't want to be around her so i was reluctant to do what i needed to do to make the deal work. point is; no more emotional partnerships. they do more damage than good. and someone is going to lose!

I strongly believe in partnerships especially for new investors.