If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

Disregard my last and thanks for the update info.

That you knowingly, willingly and wantingly engaged in the venture knowing the rules of who can/cannot participate, knowing your disqualification, disregarded and engaged in it anyways. 

This would appear a blatant disregard for disclosing to would be Investors information that would have been needed to make an informed investment decision.Perhaps you already have this YouTube video.

There are a ton of responses on here that have good & thorough feedback/criticism and I haven't read them all so disregard if I am being redundant here.One thing I haven't read in the first 10-20 replies is that your target client-base could be one of the most challenging to deal with. 

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

That is true, I disregarded the advantages of the quad having lower operational costs.

And at the end of the day, using your example and disregarding percentages: if you could buy this all cash, instead of "maybe 20-30k" you would make $70-90k, based on your projected profit and anticipated financing costs.  

The reason the 1% ownership is being suggested, is that this would change the tax treatment from being reported on schedule E as a disregarded entity, to being reported on Form 1065 as rental income reported from form 8825, and then this would passthrough to the individual taxpayer on form k-1.