It's a hard asset that not only has cash value, but it also reduces electricity costs for the occupants.Nope. 

I also buy what I believe in, which are physical assets and things that solve issues.

Lower price 2 million and below high quality assets many are purchased all cash so they do not care about debt versus cap rate spreads and interest rates rising etc.

The first thing I did with my partner was form an LLC but we have a great deal of individual assets that we want to protect, but that may not be your case.

This applies to estate planning and asset protection planning as well as investing.

So if I’m stuck with a total basis of $300k then I either take the Tax Appraisal’s numbers and only have ~$50k of deprciable assets or get an appraisal and apply percentages based off that. 

I cant go into futther details than that but is there a way to seek partnership wth him but still protect the assets that we own together and that I own separately by going into a partnership agreement? 

The goal is to bring together the brightest minds we know regarding syndication, how to replace your income, self directed IRA, how to crowd fund, and advice from private equity and student family operators with well over $100M in assets (both did this in their lifetime with zero inheritance).

One thing our clients, that are over 70, hate is they have to take RMDs from their Roth 401k but that can be solved by transferring those 401k Roth assets to a Roth IRA. 

This way you will have control of your asset and not have a possibility hanging over your head.