If syndicator is building reserves for the first year of ownership, for instance, and not paying distributions, AND recognizes rental profit, you will have a larger tax bill that year, since you "made money" in the IRS's eyes, even though you did not receive any cashflow from your syndicator.On a more general note, a preferred return does not mean you will get that amount of cash flow each year.  

With my condo, I believe because they can walk right out of the building to the slope, in many eyes it would out rank a home where you can't do that.

They don't care if the tenant wins.And then you can look them in the eye and tell them that you both know the tenant is smoking pot. 

The closing team will keep you up to date as you move toward closing and I will keep my eye on it as well.  

They will be your eyes and ears on the ground.Git 'er done! 

Close your eyes and throw darts at one.

I have been eyeing a few brokerages around that general location and was wondering if anyone familiar with the area had any recommendations regarding which brokerage to pick, as there are quite a few to choose from.

After he teamed up with a local intermediary in the Bay Area.. from what I read in the Wall Street Journal, Lockton has been helping investors streamline these moves.. he ended up freeing enough capital to invest in a mixed-use building in San Antonio that we’d been eyeing for a while.I’m no attorney or CPA, so I’m not giving legal or tax advice here, but there’s definitely something to be said for repositioning your insurance to fit your broader investment goals.

beauty is in the eye of the beholder..

Hey Phil, I remember that jittery mix of excitement and nerves when I decided to step up from the smaller stuff.. it can feel like you’re eyeing a big mountain and wondering if you’ve packed the right gear.