Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.

@Eric Lowe Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

@Stuart Bartle - If you are interested in Chicago and looing for some boots on the ground and building you team...I am happy to make some connections with lenders, agents, contractors, etc.Do you have a specific area of Chicago that you are looking in?

Specifically, a team member of his wrote, "You are required to issue 1099s to contractors you pay over $600 in a year.

ThanksArun, I am local to CT so happy to help answer any specific questions.

I just spent some time in your market, specifically out in Pasco county, and man is there some growth going on there locally! 

This is all for my future goal of owning a home specifically for Airbnb but that will be some time from now.

They don't have anything specific for sorting by furnished spaces but there may be a check box to select for when sorting. 

Are you noticing specific property types, neighborhoods, or price points where buyers are finding the most opportunities?

I will list some specific questions bellow.- If I use a 1031 Exchange, does the next property also have to be a duplex?