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Knowledge Base
Frequently Asked Questions.
Clear, transparent answers about the Spliyt ecosystem, specialized asset verticals, and joint operations.
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"No, and that is deliberate. Spliyt is a premium product with a real 7-day free trial — not an ad-supported free tier. You get the entire product during the trial, then decide. A credit card is required so the plan converts smoothly if you choose to stay."
It converts to the plan you selected and your card is charged for the first period. Cancel any time before Day 8 and you will not be charged at all.
Your records are yours. Spliyt retains a read-only backup for 12 months and then deletes permanently.
All data is encrypted in transit and at rest. Role-based access ensures members only see what they are permitted to see. Spliyt staff have zero access to your content.
"Never. Spliyt charges a flat subscription fee for the software. Your asset's equity — whether a boat, a home, an aircraft, or an investment — stays entirely yours."
"Co-ownership means a group of people jointly own a boat and share its costs and usage. SPLIYT handles everything — expense splitting, access scheduling, upkeep coordination, and governance — so co-owners can simply enjoy time on the water."
"SPLIYT supports any group size, though most boat co-ownerships work best with 2 to 8 co-owners. The platform automatically adjusts cost splits and access schedules based on each person's ownership share."
"Fixed costs like slip fees, insurance, and storage are split automatically by ownership share. Variable costs like fuel can be tracked individually and billed only to the co-owner who incurred them — so you pay for what you actually use."
SPLIYT's access scheduling calendar is used to track bookings done by each co-owner so others can book accordingly. High-demand periods like holiday weekends are rotated across the year so no one monopolizes the best dates by setting up onetime booking rules.
"You can list your slot on the Access Schedule Marketplace. Other co-owners can claim it, and switch bookings with you."
"Recurring upkeep tasks are requested through the application and automatically gets, assigned to your preferred vendors, and tracked with digital completion checklists. Costs are automatically split among co-owners once the job is marked complete."
"SPLIYT automatically restricts non-paying co-owners from booking access time, voting on proposals, or initiating a share transfer. All restrictions lift once outstanding dues are cleared."
"Home co-ownership means a group jointly owns a property and shares its costs and usage. SPLIYT handles expense splitting, access scheduling, upkeep coordination, and governance so co-owners can simply enjoy the home."
"SPLIYT supports any group size, though 2 to 8 co-owners works best for most homes. That is enough to meaningfully reduce costs while keeping the access calendar manageable for everyone."
"Recurring costs like utilities, insurance, and HOA fees are tracked and invoiced monthly, split automatically by ownership share. One-time costs like repairs are distributed among all active co-owners at the time they occur."
"SPLIYT's scheduling engine distributes high-demand periods based on ownership share and rotates priority year over year as per the booking rules — so no single family consistently gets Thanksgiving, the Fourth of July, or peak summer weeks."
"Cleaning and upkeep tasks can be added after each checkout, which gets assigned to your preferred vendors, and tracked with digital completion checklists. Costs are split transparently among all co-owners."
"Any co-owner can list their ownership stake via SPLIYT's secondary market. All outstanding dues must be cleared first, and the platform handles transfer documentation and notifies all remaining co-owners."
"A flying syndicate is a group of pilots who jointly own and share an aircraft. SPLIYT manages flight schedule, cost splitting, maintenance, and group governance — all in one place."
"SPLIYT supports any group size, though 2 to 6 co-owners works best for most light GA syndicates. That gives each pilot meaningful access while keeping per-person costs manageable."
"Fixed costs like hangar fees, insurance, and annual inspections are split by ownership share automatically. Variable costs like fuel are tracked per flight and billed only to the pilot who flew — so you pay for what you actually use."
"SPLIYT's scheduling engine distributes access based on pre-configured booking rules, which rotates priority so no single pilot consistently gets the best flying days. "
"No. Maintenance due dates are tracked manually by adding maintenance requests for vendors to perform maintenance. Your maintenance shop is coordinated, and costs are split among co-owners on completion."
"Yes. SPLIYT's secure document vault stores airworthiness certificates, registration, insurance policies, maintenance logs, and avionics records — accessible to authorized co-owners from any device."
"Co-ownership means a group jointly owns a recreational vehicle and shares its costs and usage. SPLIYT manages expense splitting, trip scheduling, maintenance coordination, and group decision-making so everyone can focus on the journey."
"SPLIYT supports any group size, though 2 to 6 co-owners works best for most RVs. That is enough to meaningfully reduce costs without creating scheduling conflicts."
"Fixed costs like insurance, registration, and storage are split automatically by ownership share. Variable costs like fuel and campsite fees are logged per trip and billed only to the co-owners who used the vehicle."
SPLIYT's scheduling engine distributes high-demand periods based on ownership share and rotates priority year over year based on the booking rules set by co owners— so every co-owner gets their fair share of the best travel windows.
They can list their slot on the Marketplace for another co-owner to claim.
"Recurring tasks like oil changes, tire rotations, and annual inspections are added and booked through the app, assigned to vendors, and tracked with digital checklists. Costs are split automatically among co-owners on completion."
"Co-owners can set budget and decide on expenses that need attention. Once such amount is fixed any expense submitted beyond that amount it will trigger the vote request and shared with details to co-owners. Co-owners and vote via the app, quorum rules are enforced automatically, and the outcome is recorded — no group text needed."
"A calendar shows the week. Spliyt runs the household: the calendar plus kids' profiles, shared tasks, family documents, and the budget — in one place built for two parents managing a real household together."
"No. This version is built for married and partnered parents running one household together. It is collaborative, not a co-parenting record. Spliyt offers a separate product for co-parenting with court-admissible records."
"Both parents share full access to everything. Children and caregivers get age-appropriate, limited views that you control completely. No one outside your household can access your data."
"No. Spliyt keeps your records clean and gives your CPA and attorney a portal to work from. It makes their job faster, not redundant."
"QuickBooks does the books and Carta does startup equity. Spliyt is the operations and governance layer that sits above them, where decisions and records actually live."
"You control access precisely, with member, manager, and view-only roles plus dedicated attorney and CPA portals."
No. Spliyt is the management and record layer for an SPV you set up. It does not replace formation or legal counsel; it keeps the deal organized afterward.
Those platforms form and administer SPVs and charge thousands per deal or a percentage of the raise. Spliyt is a flat annual fee to run and document a deal you already have.
"You control it. Investors see their own position, the lead sees the full picture, and accountants and counsel get view-only access."