I imagine that if ALL the LP"s protested with Form 8082, the IRS might have taken note.I need to write some posts about the Tricks and Traps that some syndicators [not you, of course] use to the detriment of the LP's.But the Form 8082 is your best friend.  

However, Opportunity Zone investments require careful structuring to ensure compliance.Evaluate your priorities: If starting a business is the main goal, proceeds from your primary residence (with the capital gains exclusion) might provide the simplest funding option.This post does not create a CPA-Client relationship.

I will be posting in the future.

Work with a knowledgeable SDIRA custodian to ensure compliance with regulation.This post does not create a CPA-Client relationship.

Thank you for liking my introduction post.

Is this the same @Paul Lucenti who responded with  "Thank you - I guess we will find out". when I was critical of your posts a few days ago about raising money to scale your business by investing in section 8 rentals?

When it comes to these types of auctions by the sheriff, is there a waiting period that must be observed before rehabbing/renting the building post winning the bid?

The information contained in this post is not to be relied upon.

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Please keep those posts in the Classifieds forum.Need a spreadsheet or form?