I am looking for some advice on how you structure deals when pulling in an outside party.Here’s the scenario.

Gain knowledge in all aspects evaluating and maintaining property - structural, electric, plumbing, etc.

One issue came up and need your help:The stabilized value will be $20M Debt: $12MI was going to raise $4M for 50% and keep the other 50% (I really like the space-great credit tenant-I pushed hard to get 4.5% increase - newer built-best location etc.)TAX issue: My basis in the asset is closer to $5M (50%=2.5M) when raising $4M for 50%, how can I structure to not incur a taxable event?

There are certain requirements for the LLC structure, and if properly followed, the lender WILL ALLOW you to transfer the property into your LLC. 

Nate, I would also like to hear more on how the tax benefits work on hard-money loans (and plusses and minuses you've found on the structure).

It will be important to structure everything correctly and make sure you are in compliance with all tax laws etc.

My goal in 2-3 years is to travel via airbnb for months at a time domestically and internationally, living off of my rental income (as well as build-up my IRA which I depleted paying off cc debt used to upgrade properties, e.g. adding bathrooms, gut kitchen, and yes, pay a few months of morrgage payments).Still with me? 

I have contacted planning at the city and most of the upcoming zoning changes would allow this type of structure in residential zones.

None of these talk about deal structure in depth.

My question is, especially considering I have never done seller financing before and my equity is currently zapped until I refi and/or finish the flip/sale on another deal, do I raise funds for a down payment and how would I structure that?