All Forum Posts by: Jessica Singh

Thank you Joseph, Benjamin and Dave! Very helpful indeed. Thank you for your answers. I understand 1031 won't work the way I was thinking to make it happen. 

Hello all, If one has 2 rental properties, can the funds (gain+principal) after selling the first rental property be used towards paying off the loan of the second existing rental property?

Hi guys,

@Joseph E.: I did not invest with them. I wasn't able to find investors who had invested with them so didn't fell comfortable. 

@Paul Moore: Thank you for the resource! Great site.  

@Ashish G., were you able to find an answer?

@Corey M. - I chanced upon this post as I am trying to find the same answers about Norada's promissory notes. Though they sound too good to be true, looks like Noradarealestate.com has been in business for over a decade. I am looking into investing in their promissory note. Wondering if you decided to invest with them?

Great point @Basit Siddiqi! I am certainly not a "real estate professional" to make this work for me. Thank you for pointing out the difference. 

@Daniel Han and @Lane Kawaoka - any other ideas to defer the taxes when exiting from syndication for non-real estate professionals? 

@JJ Espinoza: Please share which syndicator or deal sponsor did you go with? I am looking to get my feet wet and trying to learn about syndications. 

@Lane Kawaoka: Thx,  messaging you.

@Brian Adams:  Since one can't 1031 with the funds once syndicate comes full circle, I was trying to explore ideas to defer taxes the same way 1031 helps

@Daniel Han :  This is a good way to think to defer taxes! To time syndicated investments so when exiting from one, buy another one so the gains of the one exiting from are offset by the losses from the ones bought. 

I wonder if anyone is putting this strategy into practice!

I wanted to explore Syndication as a passive investment opportunity with fellow BP members. I am not able to figure out if it is possible to defer the depreciation recapture gains when the syndicate goes the full cycle. I will appreciate getting some perspective if you have exited syndication or invested in one. How to come to terms with the depreciation tax hit at the time syndication sells.