I will have $2M in Cash best way to get 9-10%

[Brad Milligan]

I am looking at selling 2 multifamily complexes (22 units and 6 units) Im looking for a multifamily syndication with an A share and B share setup. Where the A share is paid a preferred % of 9-10% monthly. Since this will be the first time without my apartments, I am looking for monthly income only. I will have a capital gain of $1.2M from the sale of both complexes. Since I am a passive investor, I can do a “lazy 1031” and use the 1st year bonus deprecation and cost segregation of the syndication to offset the $1.2M. I’m looking for a syndication with a good track record of never missing the A share (preferred) monthly payout and has never asked for additional capital. I see Ashcroft Capital does the A/B split and has a 9% preferred and BAM capital changed their A/B split to where the A portion is now like debt so you don’t get any depreciation so they are no longer make the list. I am trying to find more than one (Ashcroft) to diversify. 

Thanks

Brad Milligan