@Antoine Black  In general, yes, it goes off your personal credit. 

CPAs generally have more knowledge about general accounting but it is ultimately up to the individual person to take it a step farther to get more specialized.

Private money and personal funds.

Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?

Quote from @Jessie Dillon: just my 2 cents.. i'm not a fan of the syndication model. there are better ways to invest more passively where you have more of a say in what goes on, can achieve higher returns, and can have your personal interests at a higher priority. 

Questions they will have is who is the owner, what experience do they have, is their key person insurance against them etc. 

However, I think for the average person this is probably not true. 

I have found ChatGPT to be particularly useful for testing new Book Covers for BiggerPockets, such as our foray into the personal fitness category with upcoming title "Sweat for Life": 

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

But if you see the value in investing money into your own personal education, then maybe this could be a good fit for you.