You provide the funds and end up with a note, mortgage, and all other docs in your name.Obviously, when you invest in a mortgage pool, you are diversifying into many loans and your name is not on any one, but as a pro-rata member of the syndication.

All deprecation gets passed through pro-rata. 

Profits/distributions will be distributed pro rata with our ownership share less some fees being paid to me for finding the deal, managing the property, etc.

Also the contribution limits are 6k/7k for 2021https://www08.wellsfargomedia.com/assets/pdf/personal/investing/retirement/taxes-and-retirement/pro-rata-rule.pdf

1) It's important to maintain a separate account for voluntary after-tax funds to satisfy the pro-rata rules when you proceed with transferring the funds.2) Once you transfer funds from the After-tax accounts to the Roth IRA, it would not be appropriate to nickname the account a Roth IRA since it is not a Roth IRA.

In the case of an S corporation, an allocable share is the shareholder's pro rata share of an item.

Petitioner testified that the lessee, Economopoulos, pointed out to her a dead rat, a bee's nest, and several leaks during her single visit, yet petitioner presented no evidence that she attempted to remedy these problems during her period of ownership.

Does Pre and post money contribute pro rata shares in each investment?

So if I tried to do a backdoor Roth strategy I will run into the pro-rata rule.

For capital item replacements, they only pay the pro rata portion of the original item.