Idt it’s cut n dry even though the numbers kinda say that it is.

And I don't understand how it's possible.And then there are the other questions, about distributing the depreciation only to "cash investors", but not the UBIT, recapturing the depreciation when selling in N years (and not reflecting that in the deal exit numbers), etc.

Thank you so much n advanced

@Jessica N Sites something isn't adding up here. 

I’ve also heard good things about N.

As I currently rent an apartment in Hollywood I have been considering saving enough money to buy a 3-4 plex in/or around LA where I can get an FHA loan and live (rent free) in one apartment while fixing up and renting out the others.

June data was released today regarding the Central Texas housing market and the data trends performed as anticipatedThe The City of Austin saw an increase in median home price from $565,000 to $575,000, n increase of $10,000 from the preceding month and a 42% increase from the previous year.

You can also use the Fix-n-Flip calculators on BP to help in your outcome. 

I’m very bullish on buy n holds in this area.

For example, flipping vs buy-n-hold, 2 very different operations and taxation implications, or say a person has a trust aspect, partners, foreign LLP's involving interstate aspects, etc etc etc.