But, you can Joint Venture with someone to learn the process.

I offer these types of tenants two solutions: 1) I will set up ACH debit for them (after they fill out a permission form) and Buildium will debit their checking account on the same day each month or I send them a paper with the paynearme barcodes and they can run to walmart or cvs or walgreens and pay at the store with paynearme.

For those of you that have purchased real estate via a joint venture agreement, please share your experience with the rest of us!

If so, will this effect how we do our taxes, as we file jointly?

@Molly LonborgIf you do not form a limited liability entity and you have a partner, you will be deemed to be a joint venture/general partnership. 

Do the words "Jointly and severally" mean anything to you? 

Drafting an Operating Agreement between equity holders to address the big future questions/forks in the roadMethod to Holding Title (Joint Tenancy vs.

Consider a JV (joint venture) or an LLC instead.

Or you can give your tenants deposit slips and they can drop the payment off at the bank each month.Property Management software allows ACH payments directly into your account.

I actually started as a civilian working with Navy right after I retired, and have been with joint DoD for the last three years.