I do have plans within the next few months to be creating a separate JV partnership LLC, and when that does occur, it will 100% be done through an attorney, and I will also inspect my original filings at that time.

When the deal is good enough, people will practically come to you with money and possible partnership opportunities.  

If there are any other partners, you would need to file a partnership tax return annually which can be expensive. 

@Alan DuroSo the real question is can you contribute a personal capital loss to a partnership, c Corp, trust, etc...Unfortunately the answer is no.However, among closely held entities, I have seen partnerships stuff gains into non taxable partners or entities with loss carry forwards such as your friend has.

I'd say sponsor youtube partnerships, email free pro forma analysis on existing buildings, you can cold mail, but gotta be creative packaging.

A partnership is an extremely complicated endeavor and you absolutely need an attorney to help with this.

The contract has an deed of trust, domestic partnership, impound authorization, correction agreement limited power of attorney.

Earn a good return from the cash partnership and learn from them with each deal. 

.#3 Explore partnerships with people who excel in areas where you lack. 

Hiring a property manager should be a type of partnership where the  PM values your business and you value his work.