All Forum Posts by: George Ozoude

@Brian Eastman thanks again

@Brian Eastman thanks a lot for the clarification

@Brian Eastman do you know whether a typical multi family syndication deal is considered a business? By typical I mean there are 3-5 lead sponsors who form an LLC to specifically asset manage an apartment complex. They take on limited equity partners to help fund the the down payment and other value add expenses. The whole thing performs in 3-5 years during which regular dividends are paid out. And on sale, the capital gain is also paid out.

@George Blower would you consider a multi family syndication a business that would trigger UBIT if a passive investor used their solo 401k to invest in that deal? ...and same question, but now also if the lead sponsors used a recourse loan instead of non recourse?

@Ryan Valdez did you end up going with them

@Eric Schwake any feedback thus far

excellent . thank you all for the responses

@Theo Hicks @Vince Scolari Are there any other benefits (financial or non-financial) to being a KP on a syndication deal? In the scenario of the one-time fee at close, is this separate from the acquisition fee (if there is one)? In the equity scenario, is the stake typically different than that of the GPs or the passives? Thanks.

@Jordan Decuir Just continuing to evaluate deals as they come across the desk. Many overpriced unfortunately...

This helps a ton. Thanks. I swear I looked for a previously published link/thread before asking lol