New Member Introductions
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply
![Leon Meytin's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2333300/1695331679-avatar-leonm44.jpg?twic=v1/output=image/cover=128x128&v=2)
syndication tax question
I was hoping to clarify something, can someone correct me if i am incorrect?
This example was taken from a previous post, but it was several years old so i though I would post it here
Let's say they invested $100,000 which acquired 5% of the equity. The depreciation could be $500,000 in the first year (or first 5 years), they would receive $25,000 (5% of $500K) of depreciation write off. If they received a 10% return, (which is great!) they would have $10K income, and $25K write-off = -$15K (negative passive loss). Assuming you are not a real estate professional and AGI is >150K, then am i correct in assuming the following
1)The 10K i received in the year will NOT be taxed, since its offset by losses? will that specific 10K ever be taxed?
2)since i also have 15k in negative passive loss, and I am not a real estate professional and AGI is >150K, i can ONLY offset other passive investments, such as sale of stock? so if i sell apple stock and make 15K in profit, would it be a wash? would i pay any tax on that sale of apple stock in that case?
3)assuming i have NO other passive loss that year, that 15K passive loss will be transferred to the next year? and assuming i have passive income from either sale of stock or if another syndication closes and I receive some form of payout from increased value of the syndication properties?
4)Any other tax benefits of a syndication, assuming i have no other real estate aside from my primary residence?
5)Any other ways to use a syndication to off set taxes?
Thanks!