And generally TIC partners are jointly and severally liabile anyway.  

(Some day we should just all agree to meet at a pizza joint or something as I’ve agreed to meet/talk with 10’s of people and maybe 2 have taken me up on it.)

Curious how to set up the joint venture agreement if he will be avoiding the capital gains tax but when he pays me my share I will be taxed.

Lots of people in the forums do a joint venture with his students to get the contracts and help source a title/escrow company that understands the process.

I do joint ventures all the time. https://docs.google.com/docume...

2Family home has a large outdoor deck and external stairs.Present day: Home inspector (and two contractors) states unsafe beam joints and spliced stair stringers.Seller has proof from city that deck/stairs passed inspection from 3+ years ago.

I made a knee jerk reaction to try and resolve the issue right away and offered to pay for those fees.

I want to make the terms for Investors as attractive as possible but need some input on the following questions:Are Promissory Notes or Joint Venture Agreements preferable for deals with multiple Investors and only 1 Operator?

Your question on finance probably is one to ask your bank, since I am not sure if you mean a joint account or setting up an account for the LLC. 

We were approached through partners we have previously developed properties with and have joint ventured with strategic partners.