He would benefit from monthly cash flow whereas I'm more interested in the long-term benefits (appreciation, debt paydown and yes, cash flow).Does anyone have any suggestions on structure/terms that you may have seen in the past that would be beneficial to us both?

It varies from how I have done small partnership structures, but your outlined ownership/fee type questions are not where I see any real issue, per se.Things to think about: how is the house being titled? 

Looking for help/advice on setting up LLC structure for this property and future properties.

@Hardik Patel Yes, forming a two-member LLC with your sister is a common and smart way to structure a 50/50 real estate partnership.

New structure would likely be 100% assuming you do the work after 1/19/25 with the new bill. 

Great question and it’s smart to plan your structure before jumping into your first fix & flip.

Quote from @Cosmo DePinto: Hi everyone,Who is everyone using for tax and real estate structuring (LLC’s, etc) in the Long Island area?

Though I'm familiar with a lending team that can help you get permits for additional structures on a parcel, condo-ize the lot splitting it into 2 or 3 parcels, and encumber the main house with all the debt. 

I've been looking into options that allow higher leverage (even close to 100% financing in some cases) and wanted to hear how others are structuring things to stay cash-efficient.Anyone using creative setups or brokered capital?

Structuring is easy -- set up a separate LLC with this group, allocate % of ownership on the LLC based on % of ownership in the properties, capital investments, etc. however you'd like.