For reference, your typical setup costs for a true syndication with all the regulatory filings and documentation is likely going to be around $10k or more.  

@Sara Holda That's not true of Nashville.

The numbers add up but it looks too good to be true. 

I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is.

This structure, if the data I'm finding is true, is unsurvivable if the market moves against them.

The true wealthy post-pandemic don't worry about this.

It is true that does not apply to investment property, but what happened was that first time home buyers that did not qualify for a home loan were trying to circumvent that Dodd Frank rule by saying "oh, this is a rental property" (wink wink) and then move into it...basically creating a no-income verification loan.

Hi all, EU based investor here looking to do flips and buying rental properties.If we form an LLC with a mix of resident and non-resident members, will FIRPTA apply?

@Teresa MengFile a complaint with your state Contact a local beat writer to see if they will pick up the story if the above is true try and bring as much attention to the situation.Most threaten lawsuits but never will go through with it especially if they did not fulfill as it would lead to discovery and could bring up more problems for the sponsor

If that's true, then what benefit does the property loss from the previous years even provide (if you can just avoid capital gain by buying another house immeditately)?