How are the property taxes in Nevada; fair, high or low? 

Would I need to submit my personal tax returns, along with those of my partner?

We pay for the property taxes, the water and sewer bill, and usually do some sort of capital improvement to the property based on his rent each year.

They love saving on fees and taxes and love you for it too. 

Pro is interest is a write off on taxes.

I will be house hacking my primary home and I am wondering that are the implications on Solar tax credit and bonus depreciation?

Better yet, have an attorney draw it up since he will know what questions to ask you two. commissions are earned and should never be put back into the project your partner will owe personal income tax on it.. if you want to get a credit for it.. you have the seller lower the price by the commission that is how you handle that.. if its to late then its his money and he should pay tax on it and keep the rest.

I made 50k last year on taxes and have a 700 credit score.

Doing HML inside of a retirement vehicle is a great way to grow your funds tax deferred. 

Expenses like this include things like property taxes, insurance, maintenance, administrative and office costs, payroll, marketing expenses, and property management fees.