I could see a concern that this would either look like a general partnership where the recipients of funds turned out to be liable if someone got hurt on the pr

I could see a concern that this would either look like a general partnership where the recipients of funds turned out to be liable if someone got hurt on the property, or else need to be a corporate entity of some kind with the recipients as dividend-eligible shareholders, with all the fun paperwork and tax-reporting requirements that come along with that. By the way I'm not sure about the capitalistic label. The recipients would do nothing to earn the money, did they?