It outlines how the couple will handle their finances during and after the marriage, including: Property and assets: How to divide property and assets in the event of a divorce or death Debts: How to allocate debts Spousal support: Whether and how to provide alimony Inheritance rights: How to handle inheritance rights A prenup can help protect both parties' interests, and can be an effective way to avoid court proceedings and minimize the emotional and financial toll of a divorce.

Hey BP family, I have a question regarding the best way to allocate my financial resources.

My CPA requires Quickbooks online and it seems there isn’t an easy way to do the data entry and allocations and keep those two systems inline with all the transactions.  

That's where things start is getting your finances under control and allocating against the highest interest debts possible. 

I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.

Profits and losses shall be allocated as follows;a.

In terms of cash, I have conservatively allocated 20k for my house hack. 6125 (3.5% of down payment) + 4000 (closing costs) + 7000 (6 months of cash reserves to maximize the rental income I can pull from the other units to help me qualify) = 17.125k.

Great flexibility in allocating income and expenses between and among LLC members.

Allocate 75% of the cost of the property to the investment rentals, then use your exchange funds to acquire those three units making sure that the purchase price for those three units is greater than or equal to the value of the property you relinquished.

You will need to read them and do some math, but this would allow you to calculate costs and evenly allocate them if they go 50/50.