I imagine that if ALL the LP"s protested with Form 8082, the IRS might have taken note.I need to write some posts about the Tricks and Traps that some syndicators [not you, of course] use to the detriment of the LP's.But the Form 8082 is your best friend.  

I am excited to announce that the first prototypes are ready to install in Las Vegas. I've been really stoked about this project since I found out about them a while ago. If you are in Las Vegas and are looking for an...

Good luck on your future! 

Quote from @Lorraine Hadden: Take these California Malls ---- Eastmont Mall - Closed (Oakland); Carousel Mall - Closed (San Bernardino); Laguna Hills Mall - Closed (which was featured in BACK TO THE FUTURE); and the Village at Orange - Closed.

Where I see the biggest pitfall however is, in practice, you may run into trouble with the appraiser on the new property re-fi if you're not doing any improvements.

Also being able to write down/document goals I set earlier and see if they are being hit.

Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.

You write an offer. 

You'll definitely be re-doing the place anyway. 

(For example, when I confirm a booking, I repeat all the disclosed guests and dogs or put in "zero dogs" and request any changes to those details be made in writing in advance so everyone is clear.)