What looks good on paper doesn’t mean It translates in the fIeld.

I guess I'm a little confused on what we should do to keep taxes and profit split simple.

I suppose I'm a little confused on what we should do to keep taxes and profit split simple as can be.

Then maybe do what @Travis Sperr suggests by finding a couple deals and working some simple math on it.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Is it possible to do a double close but have the seller sign their papers in the morning ,then do signing of papers with buyer hour later and then have seller come back at a later time in the day to receive their money? 

Properties generally sell with 5% of valuation as we don't have any REO, foreclosure or paper market like the USA. 

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

I was wondering if anyone would be willing to share a very simple Property Mangement Agreement. 

To make it simple for book keeping, I HIGHLY recommend setting up a separate checking account with debit or credit card to not have any excuses of 'too hard to keep track of' things.