How to get into a partnership while still owning property/Leverag

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I recently got a property into a contract and I have 45 days to come to an agreement. I want to own the property under my name but I want to somehow set it into a partnership so that I do not have to do gains/losses. I also am thinking about how I want to leverage this deal I did a cash offer which I can pay for but I still want to leverage somehow. 

If possible what are some ways I can make this happen Thank you for reading. 

I'd consider buying cash and refi if there's value to be added. If you're the only partner, taxes wont change. It's just a flow through entity for privacy. You could easily spend a grand in filings and accountants to setup a first year llc or partnership. Income and expenses are going to have to be recorded either way if you plan on continuing investing.