Can be formalized with a promissory note and deed of trust.

While a properly maintained TN LLC might be sufficient for those who diligently follow corporate formalities, the additional layer provided by the Wyoming entity can offer significant extra protection, albeit with increased complexity and cost.

The property is held in an LLC taxed as a partnership...one partner wants out, another wants to refi and buy them out...no formal operating agreement, just a handshake and some rough P&L splits over the years.I've been working on deliverables to show the potential gain recognition if one partner cashes out and how to allocate basis correctly across the remaining partners.

You never know how a seller might respond once a formal offer is on the table.

While this is not formal investment advice, real estate notes tend to pair well with a self directed Ira because it's tax efficient. if you lent out $10k regularly and get 10% interest, you'd have $1k in income that gets taxed.

Hi everyone, I run a house-flipping business in California through an LLC and I’m looking for guidance on how to structure my deals so that outside investors can contribute capital and receive a share of the profits, without becoming formal equity partners or members of the LLC. 

Here are two other legal ways I syndicated real estate deals before I “formalized” my syndication business1.

That’s where you basically say, “Take the keys, I’m done,” and give the property back voluntarily to avoid a formal foreclosure.

A deacon can carry this out as well if the priest is not available.If the problem is more severe, you may also consider a "minor exorcism" or "Deliverance Prayer" - but those would be free as well and are performed by a priest with the permission of the local bishop.If the problem is VERY severe and you have proven true demonic presence (extremely rare and usually vetted very thoroughly) a priest may determine that a true exorcism is needed (Solemn Right of Exorcism) at which point they would call in the bishop and an ordained priest that is the "diocesan exorcist", with explicit bishop approval to conduct formal exorcisms. 

The attorney or judgment creditor must serve the individual or corporate judgment debtor with a copy of the judgment, affidavit, and a formal notice that the judgment was filed in the applicable counties.