However, if you're open to a silent second position via a promissory note, it may be feasible.Determining whether to invest as an individual or entity is a question best addressed by your attorney and CPA.

@Kim LeduffOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.

@Grace SantosOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.

Obviously, consult with your CPA.

As always consult your CPA before making a decision.

As Zachary mentioned, new syndicators have been popping up like crazy the last 5 years, and a lot of them are not as sophisticated, or don't have sophisticated advisors - they'll crank out an operating agreement and execute, and the following February tell their CPA firm "hey we have this new partnership!" 

You will still have to have record of the agreed upon transfer price for your tax basis, but talk with a cpa. 

Of course, as you grow, you need a CPA, but for the first 12 months as you start out, what do you use?

- REI CPA

A good CPA will help you save a ton on taxes as your wealth grows.Market Appreciation is where you will make the most money over a 10-year period but is the least predictable.