I had initially understood that the depreciation carried over...then I read other articles to the contrary.

Understood completely.

Originally posted by @Basit Siddiqi:@Kevin GlassbergA syndication is just a cool term where a sponsor / general partner / deal finder pools money from limited partners / those with money to purchase an asset that will provide cash flow and/or appreciation.Syndications can be in start-up companies, venture capital funds, stocks, bonds, or real estate.We are on a real estate forum so we can discuss real estate syndications.A real estate syndications big sell is that it is hands off for the investor who doesn't have time to manage along with access to deals that he/she may not be able to do on her own.The cons are that you lose some control along with having a hold period that is normally dictated by an operating agreement(illiquid asset).Best of luck Huge thanks- distilled what I've heard/sorta understood over 10 odds years of dabbling in RE... 

Understood.

Being from Texas, I never understood the basement.

Seriously, I wish someone had kicked me in the face until I understood how important this is. 

($400,000 x 60% LTV = $240,000 - $215,000 (remaining loan) = $25,000 HELOC amount) The TAV of my rental is only $155,000 when I bought it for $235,000 2.5 years ago.This is so *** backwards from everything I've read I'm starting to wonder if I have miss understood HELOC this entire time?!

Coleman,If I understood you correctly, you're after people that can pay less by owning versus renting.

Hi guys,Can anybody explain to me please this...Ive heard from one RE investor, who owns about 300 properties, that his accountant files a separate tax return for each LLC/trust, etc (if I understood him correctly)...

@Jaron Walling not sure I understood what you mean but I sense a bit of sarcasm.Anyways, the 150k was split into two assets and this is the ARV, I invested 120k.Now the question is how to move forward and build more capital.