There was one instance discussed in the forums with a syndicator called Norada (you can search the forums for that name) where they not only stopped paying dividends, but also converted everyone’s capital to an equity position - which is code for “We don’t plan to give your money back unless we can survive to eventually sell the building.”  

You obviously work for the company, as your only posts have been to promote the company that cannot even prove they have associations with any of the vender partners! 

Hello BP, I wanted some help with what some of the best zip codes and or Neighborhoods to invest in/around Philadelphia?

Depreciation also is a huge benefit that you can keep going as long as you are investing in real estate.There's always ways to make your life easier without paying those pesky taxes.hi Dave, yes our accountant has indeed mentioned a possible 1031 into a vacation type property and said we could even use it for up to 2 weeks a year and then write off the travel costs to get there as part of yearly maintenance in IRS code. 

You likely have codes and code enforcement officers that will start issuing fines for the trash and unkempt yard.Keep filing complaints with the owner and city until it's resolved.

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

Also, I'd be very careful that tenants not wanting renovations isn't just code for "I don't want you poking around to see what I've done to this place!" 

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental. 

Checkout section 469 of the tax code for material participation tests and what it all means.

Which is probably 'code' for - real estate can be a great investment vehicle -but today may not be the best time to jump in as to returns on investment.