Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

An app may offer more features than you need, which could overwhelm you and be frustrating to use.

Since I personally always get the most out of conferences when I have dedicated time after to decompress, digest, and implement what I've learned, I booked a private beachfront villa with some friends for a few days immediately following BPCON (checking in the afternoon of Wednesday the 9th, checking out the morning of the 12th) just a few miles up the beach from the Moon Palace Resort, and we have a couple of beds still available so I wanted to extend the invite to folks here.A couple photos of the villa are below, and some of my favorite features of this place include:- Direct beach access off the back porch- Private heated infinity pool- Private furnished terrace- Private resort access- Wifi- Indoor jacuzzis- Private kitchen- Air conditioningShoot me a DM if you're interested!

Purchase price: $15,400,000 Cash invested: $125,000 128 unit apartment complex located in Dallas, TX.

My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.

Purchase price: $39,050,000 Cash invested: $150,000 328 unit apartment complex in Dallas, TX.

Purchase price: $17,100,000 Cash invested: $100,000 190 unit apartment complex in Mesquite, TX

Purchase price: $4,630,000 Cash invested: $125,000 56 unit apartment complex located next to Baylor University in Waco, TX.

Purchase price: $12,300,000 Cash invested: $30,000 168 unit apartment complex in Greenville, NC.

I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate.