All Forum Posts by: Otis Drinkard

If your syndicator follows the rules: Can you invest cash (no gainz) into QOF and get tax free capital gainz off the QOF to your face in 10 years?

@Lane Kawaoka

True, but I don’t see a huge difference from contacting the syndicator and asking for there investor references. At least this way you can possibly get differing opinions when performing background due diligence.

@Beth Watson

No, and I am not sure why. I understand syndicators are not allowed to advertise. But not sure why LPs are not talking about their syndicators. I stalk BP postings using the keyword syndication, but I tend to find only the established syndicators not the young upstarts that I am looking for. I like your idea, and hope someone picks it up and runs with it. Cheers

Otis

Mike Bianchi, The advice above, I cannot agree with more. But I am going to swim against the current anyway. Your last sentence gave me pause. "I have no stocks or 401k or retirement savings ." I think you need to get your financial adviser and CPA together and come up with a plan for you and your family's future. You current investments make it sound like you are sitting on a one legged stool (realestate). I think after discussion with the FA/CPA a more diversified approach to investing will give you a more stable long term income and help with your current tax concerns.

@Addy Cash

Sounds to me like you should consider looking at real estate syndications.

@Riza Hernandez

To me best is in the eye of the beholder. But I do not mind sharing syndicators that my research tells me they are fair and honest. due diligence is still required on every deal.

American home preservation (AHP), they deal in distressed mortgages. I Feel they are great for beginners.

Holdfolio is a multi family syndicator.

Barrett asset management (BAM) Is another multi family syndicator.

Ashcroft a Capitol is a multi family syndicator.

Kingdom storage holdings, deal in self storage.

Praxis capital, deal in multi family.

Again I caution that things change and every deal needs to be evaluated individually and due diligence performed.

Cheers

@Sachin Amin

I threw out your w2 since this is for retirement.

My list is:

Social security

Put yourself together a strong portfolio of the below. Believe it or not, that’s what I was taught in high school.

Stocks

Bonds

Money market instruments

Annuities

Real estate 

Cheers