My agent basically asked him to replace a few cover plates and remove a dead rat as well as a few wrapping blankets that were laying down the floor.

The is that okay that the new capital is not mine but I now am 300k out of 1.5mm using your example and your percentages would carry forward pro rata ?

For a smaller project with fewer members, pro rata distribution may make more sense. 

Previously, I formed a partnership on a property with my cousin - it was my first partnership and I was trying to get her into real estate and take her under my wing, so we did a 95%/5% split and did everything pro-rata. 

They also help you create a scope of work, that you can then give out to contractors as a baseline for their RFP (bid/estimate)They come and inspect the contractors work periodically through the project at your discretion, check what progress they made, and then release the funds pro rata based on how much they’ve completed.

I said, "that's right, his attorney left it off, but he stayed 3 weeks after closing and the contract calls for his paying a pro rata share of utilities, and when I took the tank reading when he left, there's only $100 left" So the judge said, "so you owe him $100".

Since we used it above the threshold to be considered an investment property only do we still depreciate it (on a pro-rata basis)?

There is only 3 electric meters for the entire building, so we bill back electric on a square footage pro rata basis.

Standard rate would be around $50 - $75, depending on the amount of time and gas it requires from you.this reminds me of the call I got a few years ago from one of my PM's  its a very cold winter in Indiana.. tenant calls and just had a baby cant afford heat and rent.. can they just have a rent moratorium for 3 months then pay the balance pro rata for the rest of the lease..Of course i agree right.. well 3 months are up and they moved out  LOL..  

Banks typically want the operators (managers) and enough net worth to cover the loan, which may or may not be the same array of owners (where managers run, but have nominal net worth bringing in members with net worth).UNDER NORMAL CIRCUMSTANCES, profits are distributed pro rata, meaning if you have 10% of the membership interest, you get 10% of the profits.