Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?

One of the other features of the Land Trust that many people overlook is that it is the entity that conducts the "business" of the investment.

But this space is changing rapidly and in jurisdictions like San Jose where housing is scare, expensive and government entities are motivated to do something about it, I predict we'll see appreciation and other key metrics play out in favor of properties with ADUs in the near future.

"As a third-party online payment facilitator, Innago is required to collect tax information for any taxable entity that receives more than $600 in payments.

You could try leasing the rooms to an entity and then using the entity to lease to tenants to shield you from liability from operational issues, but I doubt this works.

My overall strategy is to minimize the number of entities I create.

You typically need to register the llc as a foreign entity in the state you want to do business in.

@Seth McGathey Is this rental owned by an entity (e.g.

Thanks in advance :) you can make direct investment in development deals through single purpose entities not funds. a lot of family offices don't invest in funds they invest in direct placed capital.

@Guillermo Kennedy, it's certainly possible to use the existing LLC as a joint venture entity; the legally binding agreement here would be amending the existing operating agreement and updating the current cap table to reflect the new members of the joint venture.