@Jason ClecklerIf this is a genuine tax partnership in that it is subject to Subchapter K and files a 1065, you're going to want to engage a tax CPA who will take into consideration your facts, circumstances, and goals so that the buyout can be structured advantageously. 

I recommend that you simply describe the process - from start to finish - on how you would "wholesale" and ask if it can be done without a Real Estate License in your state. 

Today I want to talk about a great lesson that I learned as I had more experience under my belt.It is the power of not having a wholesale every property that comes through my funnel.When I got started in this business, I only had one exit strategy...Assigning.I love this assignment strategy and I still do this a ton today.However, after accumulating some experience and capital, I can now say that having more than one tool in the toolbox is extremely beneficial especially in competitive situations.Here are three tips on why it makes sense to not wholesale every property.Tip #1 YOU CAN MAKE MORE MONEYMost of the time, you are going to make more money if you close on the property.

By that logic there are no good wholesalers or flippers because they should just hold the good deals.

When the agent first brought it to you, was she trying to wholesale it and get a bigger fee than a normal commission?

They mentioned that the scene is really saturated with wholesalers chasing the same deals...do you find this to be true?

I am always evaluating, however some of my best deals have come from agents/brokers/wholesalers with whom I have previous relationships.

@Steve Vaughan  only if your trying to sell how to wholesale courses .. those guys are spitting out true ninja assassins by the thousands.. and most of them of course get killed before they make their first kill.

@Chris Bellissimo I wholesale in the GTA and it is definitely possible to find deals here, it's just harder.

After doing a lot of analysis on numbers, my realtor will insert outside "opportunities" from wholesalers that quite frankly look a little too good to be true.