Nothing wrong with it and I know for many, it is a great income producer.

When investing you are purchasing a business and should only be paying what it is worth for the income it produces.

They will need to file a partnership tax return, and each owner will receive a K-1, which will include their individual SSN.

Rather than trading depreciating paper for a digital paper that produces a roller coaster of emotions, I'd rather trade it for REAL income-producing assets that appreciate over time and give me more paper.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

We are also 2 points in origination on most files. 

I filed a claim for loss of rents. 

For instance, many categories you might want to file transactions are missing.

If so, is there something that I need to file to IRS?

I get this but the provision also requires the LLC that holds the property to submit to the local jurisdiction wherever the Qi files.