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How do Owner Distributions get paid out when there are multiple Owners to pay?

Income to multiple Owners is distributed based on the percent ownership that you defined during your Onboarding with Great Jones.

When you completed your Onboarding form after signing up with Great Jones, you selected a percent of your portfolio’s rental income to be paid out to each Owner associated with your property.

 

This percent split is applied to the total Owner Distribution amount available for your portfolio, meaning you will only see your percent of the total amount available to distribute on your monthly statement, and the other Owners of your portfolio will only see their percent of the total amount available to distribute.