Notes - where the investor is the lender and you are loaning the sponsor money.

To wipe out capital gains, you can invest in private real estate syndications where the work is done for you, and inside those deals the sponsors can take care of doing the cost seg to offset the capital gains.

Just making some calculations vs continuing to invest with large multi-family sponsors.

Also these days I found "attractive investment" is almost always be found by very experienced sponsor that able to gain incredible financing or seller financing or continue assume the low interest rate from previous owner and so on.

An 18% return is not unheard of in the syndication space, but certainly conduct due diligence and vet the sponsor.

Do you have any experience in how these would need to be licensed from a sponsor perspective?

Do I need to secure a sponsoring broker who offers all these products?

I think the big question to tag along with this is how long has the sponsor been in real estate.

Recently, Sevier County TN commissioners voted to require a "permit" for all short-term rentals in the county, "to ensure that all short-term rental units in Sevier County meet minimum safety standards."  Of course, t...

Lots of options but you will want to select a sponsor with a track record and an investment you are comfortable with.Make sure to do lots of due diligence