I know a retail syndicator who takes a percentage of the property (15% about) on every deal as their interest/payment up front, they then buy an additional 10% with their own money so they have 25% skin in the game of the properties, They take no fees, no acquisition/disposal/asset management, no cash split, no preferred distributions etc, but their property management company does manage the property for the 10 years of the loan, for about 3% fee which is less than the big CBRE/JLL etcs charge i think, usually 5-6%.

Since you are discussing syndication, it is likely a passive investment to you.Whether the loss is ordinary or capital will depend on the type of investment and the positions taken by the partnership and will be displayed on the K-1.There are further things to consider such as whether the K-1 is fully disposed of or not.

We have a line of credit that funds the rehab costs.  1, Form an LLC if you have not already. 2,Track all of your expenses accurately.  3,Talk to a CPA about what you need to track and how (Ex:  new appliances for a home are taxed differently than flooring or paint, insurance, Mileage, disposables, tools, etc.) 

From purchase to management and disposal.

Based on my understanding, all you can do is carry-forward the loss till you dispose off the property.

And once worn out, wildly toxic to dispose of.

I have been diligently reading, studying, and beginning to practice analyzing cash flows of properties within Chicago and some Chi suburban areas.While I try to use whatever tools I have at my disposal and also be conservative with my numbers while analyzing properties (vacancy percentage, expenses, etc) I believe that in some areas of my analyses, I may not be getting the most accurate information.For everyone out there, where do you get your rental estimates by location?

Being a family without a large disposable income, like we had before children, we had to make a very considered choice of where to invest our funds.

If you work so much, you should have some disposal income to use for marketing, no other choice.

You need to have a person to dispose the property for you, someone who has a connection to cash buyers and flippers.