So if he is ownership, then he needs to be on.What you probably should have done is created your own LLC and have a joint venture agreement for each property/project.

I have a house that is a two bedroom one bath property with a decent size lot.

My spouse and I have bought and sold over 20 properties in the Atlanta area over the past 35 years.

Depends on the specifics of the property.

Interesting article about “Squatters’ Rights” in California; how they originated and their intended purpose vs. how they are currently being taken advantage of.California's Squatter's Enable Tenancy Rights After Just 30 Days, Raising Concerns Among Property Owners About Housing Security

My rental property is in Los Angeles county.

The loan approval is based on the property’s rental income covering the mortgage—making it easier for investors without traditional income streams to qualify.LLC Protection: Many DSCR lenders allow you to hold the property in an LLC.

I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investment and n’ont taxable?

Again starting out seems like the harder part - especially if I've never done it before . aside from my own townhouse (In CT)  - That's the only property I own and have equity in .

Congrats on getting your first investment property up and running.