Probably best to leave it to professionals to interpret.What you're trying to accomplish makes already complex hurdles twice or thrice as hard: you want to own the same entity together with your new wife but treat each other's ownership as separate income under the community property rules.

How can I raise money for a downpayment for a midsize apartment complex (approximately 1M) in my area?

I'm in process of trying to solidify a deal with other partners/investors to build an 88 unit apartment complex in a rapidly growing area.

I'm new to this (apartment complex).

Tax preparation is complex, but TurboTax Software really takes the guessing out of it.

I am considering a property that has great numbers, but the 4 building complex has septic issues like:  drain-field, "bubbling" due to renters putting "6-7 people" in the apartments, etc. 

Any complex over 4 units is considered commercial, so any apartment building counts.

This is an apartment complex that is close to Garland High School.

Internet was installed for the complex that is now a free amenity for the tenants, and we also put in storage lockers into the basement that are separately rented.We didn't get to all the units because the tenants opted to stay in them and instead just pay closer to market rent.

Downtown Phoenix has just been exploding recently with new luxury apartment complexes.