We set ourself up as a coach for them, we show them how to make more income per client.I have set up a separate bussines that paid me $80,000+ 2017 with one of the paralegals, she has become my go-to team members."

@Nate CopesLots of questions, but if you're willing to bring cash to the table, you will be okay  You're realistically looking at 7.49% and a few points at up to 75% depending on your credit score.Have you considered doing a blanket for all 5 properties or does any one of them have decent enough equity that you could do it separately and take cash out?

OR are we supposed to both take our individual splits of the $$ and then count the capital gains tax separately based on our own tax bracket?

Landlord pays everything except electric, even though there are separate gas meters too.

And then any thing associated with your 1/3 would be accounted for separately and be excluded from any interest regarding the 1031 

to avoid the stress of having to identify replacement property within 45days after  close of escrow of the property you sold thru a 1031 deferred exchange....can you be creative, set up a new entity now to purchase "replacement" properties wth your separate funds, then after COE of your original property, have your LLC buy these properties from the new entity where you are also the sole member, like in your llc?

That is, if you enter into partnership under shared liability utilizing each individual’s respective assets, have an open planned discussion to separate the loan so that your financial future isn't dependent upon another's commitment to repayments.A few of these comments offer strong arguments surrounding accessing partnership loans without offering your property up as collateral, however, it's important to be realistic in that securing a business loan without leveraging the equity of your existing assets can make the proposition more challenging.

It is all one unit but separated from downstairs and upstairs, and some studio looking thing in the garage.

Like many have said, having a separate LLC limits the liability to only the property in that LLC.

At the same time, I try to keep all receipts for every unit in a separate folder.