If you sell a property, capital gains tax applies based on each partner’s ownership share, and a standard 1031 exchange won’t work if proceeds are split, as the exchange requires continuity of ownership in a like-kind investment.One strategy is a drop-and-swap, where the LLC distributes the property to partners as tenants-in-common (TIC) before the sale, allowing each to complete a separate 1031 exchange.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

And also that rates are just going to continue to be an issue, so it's likely something to plan for in rent rates and/or overall investment costs. 

Different states and municipalities have different rules so it would be good to brush up on them if this continues.

Lol) to support or debunk my thesis, I came away with several neighborhoods in Ohio that will continue to grow for both appreciation and cash flow in the next 5 years.  

I continue to look in the Brevard area of Florida - As far as north as Titusville/Cocoa and as far south as Sebastien. 

We track multiple disregarded entities using the location feature and multiple properties using the customer feature (units can be tracked as sub-customers).

Is it better to be  referred to one than to continue wasting time looking for one?

I intend to continue to scale a bit in this area, but eventually I'd like to either sell or hire someone to manage everything.