Here's how you can calculate it:Total Tax Benefit from Cost Segregation: Let's say the total tax benefit from the cost segregation study for the entire property is $2 million.Total Capital Raise: If the total capital raise for the project is $6 million, this represents the total capital contributed by all investors, including limited partners (LPs) like yourself.Your Investment Amount: You mentioned that you invested $100,000 as an LP.Now, to calculate your portion of the tax benefit, you can use the following formula:Your Tax Benefit = (Your Investment Amount / Total Capital Raise) * Total Tax BenefitUsing the numbers you provided:Your Tax Benefit = ($100,000 / $6,000,000) * $2,000,000 = $33,333.33So, based on your investment of $100,000, you would be entitled to approximately $33,333.33 of the total $2 million tax benefit from the cost segregation study, assuming you have sufficient passive income to claim the passive loss.Please note that the tax treatment of these benefits can vary depending on your individual tax situation and the specific tax laws in your jurisdiction.

Overly complicated as you say, but unless I receive other advise this might be a way to make it work as a beginner.The attorney I consulted agrees on not adding too many layers of LLC's and opening one in the state I am in, but he does claim that opening different LP's helps protect my assets on other LP's, in case one of those LP's gets sued.LLCs don't exist in Canada, only Corps or LPs. 

Franchise Tax in California:California has an $800 minimum franchise tax that applies to LLCs, LPs, and LLPs.

Euclid, in an attempt to stimulate activity in their city, actually lowered the escrow requirement to 50% of the repair amount (unless it changed again this year, which I have not heard). 

Here is an article on UBIT and UDFI that will be helpful when you are evaluating taxation issues relating to leveraged RE investments made via an IRA:https://www.aps-utah.com/cms_asset/path/93/Second_Quarter_09_Newsletter.pdfYou can also see the IRS regs here:http://www.irs.gov/pub/irs-pdf/p598.pdfHere are notes from my CPA for LPs in pooled GP investments where the LP is not a signer for debt://Begin Tax Genius QuoteWe looked into this yesterday.

With that said, who can predict whether or not the Fed will lower interest rates next year to stimulate the economy?

Is it common for LPs to visit the property?

I found it quite stimulating myself

We don't actually want to stimulate the housing market do we?

What type of testing/certifications/licensing would be recommended for young entrepreneurs attempting to buy and hold residential and commercial real estate in order to stimulate cash flow?