Have you found a favorite brand and line of carpet (or a few) that blend all those attributes?

This is a thread about attribution. 

Both parties must report the federal income tax attributes of the property on their federal income tax returns in a manner consistent with the agreement.d.

It's interesting to me that they attribute 60k easily for a swimming pool, though an ADU which could potentially cover most of the mortgage on the property value appraises way less. 

And, yes - everything is in writing and each member of the team brings a specific set of attributes to the deal.

"To the extent (1) the partner who holds an ISPI contributes “invested capital” (which is generally money or otherproperty) to the partnership, and (2) such partner’s invested capital is a qualified capital interest(which generally requires that (a) the partnership allocations to the invested capital be made inthe same manner as allocations to other capital interests held by partners who do not hold an ISPIand (b) the allocations to these non-ISPI holders are significant), income attributable to theinvested capital would not be recharacterized."" 

Whatever investor is buying a potential property ask yourself if the attributes of that particular asset class align with what your goals are ( the type of life you want to live, net worth, and cash flow )?

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

I'm not often the smartest guy in the room but I attribute the successes in my career and life to my relentless work ethic, obsession with learning, and passion to help others.