And then moving forward together as tenants in common.Or an entity could be created and he contributes the properties and you contribute cash or something. 

@Jon D.I own properties in Charleston and Miami so I feel that I’m qualified to contribute to the conversation.

Understand all the roles within Multifamily, and think of where you might excel the most, and contribute the most value within a Joint Venture or General Partnership.

Besides the standard deductions like depreciation and mortgage interest, there are other more business-like expenses that contribute to the growth of one's real estate portfolio.

Funds are transferred between yourself and the LLC via either a "owner's draw" or a "contribution." 

Then, contribute your property into it (non taxable event, but creates 704(c) allocation issue). 

@Steve Morris Buying in Portland is still over-priced and I'm too old to buy something way the H*** out of OR and manage it remotely.Well, my 2 options:1) Putting the property in a CRT (Charitable Rem Trust) so I can pay taxes as I go or2) Used to work with a syndicator, so may throw money in there 

These fees will be taxed extra if not contributed to Solo 401k, so you need to commit to doing so. 

@Andres AlavaYou can’t do it the way you described it, but what you can do is establish truly self-directed Solo 401K plan for your corporation, which would allow you to contribute up to $58K of pre-tax dollars, then you can invest in real estate inside of the plan.

The School district (ISD) tax typically contributes to 50% or more of the overall property tax rate.