For other depreciation: When placing a property in service late in the year, depreciation is prorated based on the mid-month convention for residential rentals.

I'm speaking up because the Djuric Family Office failed to operate the deal according to the promises they made to investors.Promised -> Received- Quarterly investor reports -> were either not received unless I asked for them, or they were received 2-3 months late.- K-1s by end Q1 -> K-1s received Sept-Oct every year.- Robust investor portal -> portal not actively used.- Direct investment in the deals -> one of the deals turned out to be a fund of funds investment.- Prompt & transparent communications -> very poor, e.g. in Apr 2024 I was informed the property had been foreclosed in Dec 2023. - Lead operator in the deals -> well not really. 

I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?

We have lots of automated processes - All online rent collections, inquiries, signature requests, and late fees.

Good afternoon.

Lately, I've started thinking maybe these people are wholesalers or investors that could have properties to sell.

Sorry for the late reply; I'm not on BP too often. 

@Sequoiah BriseñoYes, but it is too late since you already paid them. 90% of them will refuse to share their tax IDs with you.

Therefore, it can't add automatic late fees, send email reminders or track per property. 

At Bricktown for a late lunch.