Typically your local membership also joins you at the state and national level. 

Where I am I pay for a monthly membership to or county assessor office to be able to mine the data.

The lunch meetings are free to attend and membership is only $100 a year.Awesome local speakers, experienced local investors.I sit on the board of the Salt Lake club, (www.slreia.com) but the Utah club is growing fast and will help you know your numbers and set goals so that you are not walking in blindly.I have managed rentals for 3 1/2 years, I have bought over 50 investment properties for our small group at MJA Real Estate.Let me know if I can help.Trevor Thompson

Reputable events are going to at least try to capture the cost of putting them on or to make some money.The Manufactured Housing Institute (which you can Google) is the national trade association that try to protect everyone in the manufactured housing industry in Washington DC and puts out lots of information on a regular basis to those who have either joined directly or through a membership in a state association.Both of the faculty for this event are private consultants.

As far as I know, any arms-length change of ownership gets hit.  1031 or no, title has transferred and the state will get theirs.What I have done is keep my ownership (membership) % below 50% in my commercial property LLCs.  

Is organized as a not-for-profit organization under the laws of this Commonwealth or the laws of any other state meets one of the following: a. would qualify as an exempt organization as defined by section 501 of the Internal Revenue Code of 1986. b. would qualify as a homeowners association as defined by section 528(c) of the Internal Revenue Code of 1986. c. is a membership organization subject to the Federal limitations on deductions from taxable income under section 277 of the Internal Revenue Code of 1986, but only if no pecuniary gain or profit inures to any member or related entity from the membership organization. d. is a nonstock commodity or a nonstock stock exchange.https://revenue-pa.custhelp.com/app/answers/detail/a_id/2605/~/does-a-non-profit-corporation-need-to-file-a-corporate-return%3F

Their LLC membership can distribute capital gains, losses, and equity however they want, possibly based on their taxation considerations, without regard to you or your investment.

At LLC level, you can set up % by membership units or how the profits would be distributed.

RentRedi is included in BP Pro membership

What about property owned through LLC membership, which from what gather may or may not be considered securities?