These often include a preferred return for the investors and then a pre-determined cash flow distribution schedule between the sponsor and investors that includes the cash flow distribution waterfall based on either the IRR or EMx and possibly a GP Promote. 

You will then need to ensure you can program ,manage, secure and distribute the conditions of the contracts and the reimbursement of the coin.

Owner’s draws aren’t typically taxed directly, but any gain or capital distribution may have tax implications, especially if the amount withdrawn exceeds your basis in the LLC.4.

Typically I am the one who is “customer facing” meaning I take all the calls but often distribute them to the team.

The current portfolio would, if we were taking distributions, pay out 1-1.5k to each of us every month.  

If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.

So many people get what you are dealing with.How you invest the distributions are really a personal risk vs. reward and risk tolerance point of view for you and your family.

I first want to emphasize to real estate investors, the difference between the tax treatment of rental income derived from an active trade or business compared to investments.

They can negotiate between themselves how they distribute it from there. 

I have access to deals with no debt that provide monthly distributions.