3) I am aware that the rent must be market rent, I do wonder if using the 1031 transfer to buy my in-laws property and then immediately renting it back to them would raise any red flags.Thanks

I use a custom setup in Notion to manage my lending workflow and am building a mirror setup for notes, and am also in the process of testing Pipedrive as a CRM.

I was born and raised in Hartford.

Probably this. california department of Real estate has already nailed two agents for raising rents above price gouging thresholds.. 10k fine plus who knows what kind of license discipline.

But I’d say if you check the spaces and everything passes the smell test, should be fine.

@Vince Scipione  This is very solid advice to keep it separate and I agree with you, the only reason I was even thinking of it was to help me raise the initial funds for my first investment.

Those returns will give you some insight into the integrity of the Syndicator, as well as raise red flags of a possible Ponzi scheme taking place with your money.Let’s look at the balance sheet again on the IRS Form 1065.

Meaning, I can't go raising the rent after both parties have signed the lease for a lower amount.hope that helps!

But there are other tests and if planned correctly, you don't need these two tests or even track hours the first year if your participation is substantially all hours.

Funny you mention the whole GP / LP thing - I spoke to someone recently who claimed to have raised $10M+ for a fund and owned over 100 units.