He is a contractor by trade and I am the sales and numbers guy to loosely define us.

Instead you traded that for 800k valued RE and 696k rents.

Try to charge them and suffer the consequences.

Lates on a mortgage trade can impact your ability to get loans in the future. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

@Oliver OdenIf they are not owners, there shouldn't be any tax consequences.

No information about dividends in subsequent years could be found in company filings.Most REITs are publicly traded, which means that their stock is bought and sold on public exchanges, with their share prices fluctuating according to investor demand.RAD, however, is among the relatively small set of property companies known as non-traded REITs, whose stock is acquired directly through brokers, not on the open market.

I have my real estate license and am also an occupational therapist by trade- but truly I don't want to be in healthcare OR to help others to buy/sell- just want to get more properties under my own belt!

This cap rate is not completely out of the realm of what things are trading at.  

I'm more concerned about appreciation and equity so I'm willing to trade the cash flow for it, but I don't want to be in a situation where I'm barely breaking even and the stress that comes with it.Looking for ideas how I can tap into that equity to grow my portfolio but still getting some kind of cash flow to be able to make the monthly payments1.