If I use a card for multiple rentals, I just pay pro-rata from each bank account and id the property for each payment within quicken.

Typically, according to the lease, you are able to charge back expenses to the tenant, based on their pro-rata share of the property, in what is called TICAM (Taxes, Insurance, Common Area Maintenance).

Hi everyone,I performed a backdoor roth for the first time a few weeks ago (for 2019). Unfortunately, after doing so I remembered that I have two IRA accounts that I had somewhat lost track of. One had only 1K but the...

Here they and share ownership of the loan based pro-rata on the amount they contribute.Fractionalized loans are legal in California, for example.

Agreed, and the owner will be responsible for their pro rata share of 2014 taxes, up until the day of closing.

If you do, net rental income would pass through to each individual in LLC pro-rata for tax purposes.

It isn't a commission if the person is a pro rata partner in the deal.That is my understanding at least.

It ranges from 15% tax on profits in a year under $2,500, to 39.6% marginal tax on profits over $12,150.Also buy-and-hold projects that use debt on top of a equity (whether the project operator gets the debt from you or a bank) are likely to trigger UDFI - unrelated debt finance income tax - on a pro rata debt portion of the investment.

here is part of the proposal:STORE SIZE & LOCATION:The demised premises will consist of approximately 2,000 square feet.Said premises to be located in the Shopping Center as shown on the attached site plan.LEASE COMMENCEMENT:Upon mutual lease execution and Landlord’s delivery of the demised premises.TERM:The Term of the lease shall consist of a period of ten (10) years commencing one hundred twenty (120) days from the date Landlord notifies Tenant that the premises are ready for possession or upon opening for business, whichever date shall first occur.RENTAL: Tenant shall pay Rental during the first year of the primary lease term an amount equal to $31.00 per square foot on a triple net basis.Tenant’s annual rent shall escalate at the rate of three percent (3%) per year.Said Rental will be payable in equal monthly installments.OPTION TO RENEW:Tenant shall have one (1) five (5) year option to renew this lease.The Rental in the first year of the option period will be three percent (3%) greater than the rent in year ten (10) of the primary lease term.Annual Rental shall escalate at the rate of three percent (3%) per year.PROPOSED USE:A first-class frozen soft-serve yogurt operation similar to other Frozen Yogurt locations and for no other purpose (to be further defined in lease).ADDITIONAL CHARGES:REAL ESTATE TAXES:Tenant shall be required to pay its pro rata share of real estate taxes and assessments on the land and improvements on the shopping center site, estimated to be $1.25 psf.INSURANCE:Tenant shall be required to pay for its pro rata share of fire and extended coverage insurance on the building, estimated to be $0.29psf.COMMON AREA MAINTENANCE:Tenant shall be required to pay for it’s pro rata share of Common Area Maintenance costs, estimated to be $2.44 psf.LIABILITY INSURANCE: Tenant shall provide liability insurance in keeping with the requirements of the Landlord and/or Landlord's mortgagee.STORE FINISHES:Landlord will deliver the demised premises to the Tenant with RTU’s in good and working order but otherwise in “As-Is” condition.All improvements will be at Tenant’s sole cost and expense.SIGNAGE:Tenant may use its logo and colors for said Signage on the fascia of the said premises as long as it is subject to the Landlord’s sign criteria and governmental agencies governing the project.SECURITY DEPOSIT:A Security Deposit equal to $2,500 is due upon execution of this Letter of Intent.

In this case, losses would be spread out on a pro rata basis of ownership percentages.