I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1.  This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...

Do you find that this process pays off in terms of fewer headaches or challenges later in the project?

Last year we passed on purchasing a duplex in Sarasota despite the great price, solely because of natural disasters & insurance risk.

Not owning your rentals through an LLC exposes you to more risk, even if you have an insurance policy on rentals.However, as a new investor, you may encounter some challenges and opportunities leveraging the LLC.

This can come with more accounting fees due to potential complex nature of the trust. 

If they're not challenging you, or your personalities don't mesh, be prepared to give them honest feedback.

While investing out of state can be more challenging since you need to put together a local team, it also offers many rewards and can make it easier for new investors to get started!

Competition is reduced as most retail (non-investor) buyers tend to hold off until spring, given the challenges of moving during the winter.

He found it challenging to get comprehensive info on their historical performance and the underlying assets.

In contrast, legal advice tends to vary significantly; as you and I have both experienced, consulting different lawyers often results in disparate advice, unlike the consistency typically observed in medical consultations.Furthermore, the consistency in medical advice on fracture treatment is evident across various states, countries, and online resources, contrasting starkly with the highly variable nature of legal advice, which is influenced by diverse legal systems and jurisdictions.