Plans for the Distribution of Wealth at Death in the Most Tax-Advantaged way.a.Reviews the titling of all the assets and whether Joint Tenants with Rights of Survivorship makes sense - using the appropriate advice from a CPA and legal counselors.b.Considers who will serve as the executor or trustee and whether a lack of continuity in the financial arrangements is an issue.c.Analyzes the plan to distribute wealth at death to their spouse and descendants for both tax efficiency and control - not as a CPA or Attorney, but bringing in those advisers as appropriate.d.Reviews the charitable inclinations at death for both tax savings and control issues.To create this Comprehensive Wealth Management plan one must consult with an accountant and an attorney to assure accuracy and legitimacy.THIS DOES NOT CONSTITUTE FINANCIAL ADVICE.I STRONGLY urge everyone who reads this to consult with qualified advisers in each area (investments, insurance, accounting and legal matters).

The value we bring is the ability to search out deals and build a team to ensure a high yeild lower risk investment opportunity for a joint venture partner.Or, are the more interested in seeing a history?

I wanted everyone protected, so I insisted.What you construct will be determined by what level of protection you and your partner feel you need, not only within your joint interests, but also what kind of protection your personal assets need.As far as borrowing money...you are years away from being able to finance anything in the name of a business.  

That beings said, meeting the people "casing" the joint and putting your eyes on a situation goes along way to making one feel more comfortable! 

@Lauren Lockett JV= Joint Venture, which means she partnered with another investor on the deal and split the profit.

I have been chatting with a fellow investor about the possibilities of doing joint venture buy and holds.

My first inclination would be that I don't invest in any type of partnerships or joint ventures unless all parties have some flesh in it. 

In 2015, the first $250,000 for single, or $500,000 of gain for married filing jointly is excluded from taxable income for the sale of a primary personal residence you've lived in for at least the last two of five years.Real estate can be a great investment, particularly if you're in a stable.

I use Mint for day-to-day spending tracking, making it easy to tag and categorize expenses, mostly for monitoring active checking accounts (my wife and I each have our own checking account, as well as a joint one).

@John Hickey, Strictly from the 1031 perspective you probably file a joint return with your wife.