The wizard, start to finish. Ten minutes, once.
Four steps: About you, Your entities, Upload and Processing. Only About you is required. You can skip entities and uploads, but if you haven't added a card yet, the rest of Rhodes asks for one before it opens.
About you
Give your first and last name and your state of residence. Rhodes creates a person record for you from this.
Then the part that does the real work — the names that appear on your documents:
- How your name appears on documents. If your K-1s say "Marisol A. Vance" and you go by Mari, say so here.
- Spouse, if there is one.
- Family members who show up on paperwork.
- Anyone else, each tagged as a family branch, co-investor, business partner, advisor or other.
This is what lets Rhodes tell a distribution notice addressed to you from one addressed to a trust with a similar name. Two minutes here saves correcting filings later.
Your entities
Type a name and pick a type for each entity you already know about. Rough is fine — "Bramble Hollow Holdings" now, exact legal name later. The types are Holding Company, Investment Fund, Operating Company, Real Estate, Special Purpose, Management Company, Trust, and Other.
These become real, active entities right away, but you're not committing to anything you can't change — every field is editable, and the documents you upload next fill in formation state, structure and dates. Skip this screen entirely if the documents will say it better.
Your first documents
Drop in everything you have — operating agreements, K-1s, tax returns, capital account statements, formation certificates. Rhodes reads each one and files it against the right entity. You don't need to sort or rename anything first.
Each file gets its own line with its own status, so a failure on one never hides the other forty. A counter shows how many of your 100 trial documents you've used. When you're ready, press Process documents.
Note that document processing can take up to 45 minutes depending on how many you give to Rhodes to kick things off.
While documents are processing, chat is read-only. It opens when processing finishes.
Bulk drops are expected here. Files are sent up in groups of 100 automatically — you don't have to break up a large folder yourself.