Except for the vehicle of a delaware statutory trust (which are not normally thought of as syndications) you must be a tenant in common with the LP or LLC that is doing the syndication. 

General info: -We have a 20unit apartment located in Texas -Our LLC is registered in Delaware (have foreign entity in Texas) -Ownership 5 of us (Nevada, California and one Canadian). 

@Candice De seller financing would be great until you could get the property rehabbed and stabilized with market rates!

What CA does/doesn't do is not the same as TX, NY, or DE. 

Hey Everyone, I am Orlando De Los Santos, originally from the Dominican Republic, I grew up in North Bergen, NJ.

I would focus your search in Delaware or Montgomery county as you will have better luck finding something of those parameters in the suburbs.

The rental is a 4 bedroom and I’ve chosen to go the route of de-leading the unit (peace of mind, marginal return on investment, and tax credit).anybody who has experience with this in the past if you could provide some clarity, is there a state program that will provide some sort of kick back reimbursement?

@Nova Mendoza - I’ve been doing some extensive research in this space and could help review and critique@Drew Cheezum I’ve been working on a possible venue (north in Delaware,Oh) so let’s talk.

I over complicated my taxes with a dozen LLCs, 4-5 Living Trusts, a land trust, a Delaware and Nevada Corp, etc.I wanted to protect myself and my assets.

Any feedback is highly appreciated.Hi Lauren, if you’re an accredited investor who is seeking to diversify your real estate portfolio into higher quality investment grade real estate, but don’t have the experience of managing or acquiring larger institutional quality real estate you might consider learning about DSTs (Delaware Statutory Trusts).