I have been interested in investing but hard to start especially with less money to start with and now with my partner who is based in Canada. 

If you have partnered with your Ira &  lend $$ from your IRA in the scenario described it will be a “prohibited transaction” and blow up your Ira. see if you can get a non recourse loan from an allowed person, Ira, or company. 

My partner handles all of our bookings for our STVR, our longest term this past year was 3 weeks for a long vacation, most are 1 week, many are 2 and 3 day weekends. 

For example, If a property's acquisition cost is 70K and I chip in 35K and this gentleman (maybe his business partners as well) put in rest of acquisition cost and  all renovation cost.

Hi BP fam,My partner and I decided to take the plunge! 

I am talking about syndication or joint venture or equity partner.

As we consider taking on equity partners I am trying to fully understand the outs on depreciation recapture.

How are they going to partner to help you become successful in your new business.

@Ashton Patel I have been doing this 15 years and i wouldn't take that one without a partner with that specific kind of experience.  

Im not big on operational partners and am not advocating taking one on... but if the price is right there is always money to be made selling the place.....