I was so impressed that I gave the RMV kudos on facebook - and I really thought that Satan would suffer frostbite before I ever did that.We do have an excise tax. 

@David Leodore I'm using @Eric Veronica for that exact reason right now and have been super impressed with the terms and service.  

I must say that I am very impressed with their business model, but I'm worried it may not be a good place for a new agent to start.

I am also under the impression the a TIC (tenants in common) situation could also be a Security in some instances.After talking to an attorney, talk to a Real Estate Investment CPA about what the attorney recommended, and talk about personal tax implications, book keeping costs and tax return costs, etc...Partners can be common lingo for owners of LLC Membership Units with a lot of people.Good Luck!

That's impressive, and it certainly bodes well for your future in Real Estate. 

Bad first impression imo.

I am somewhat under the impression this then puts the decision on the LLC which to me seems a little backwards.

@Zach Evanish I was under the impression that the portfolios were only for accredited investors. 

I'm not sure if you actually do think this way, but this is an impression you certainly created for agents who read this without accounting background.

Currently, we are all under the impression that our HOA takes money and does next to nothing with it.