But to address the question, the answer is when they can afford to participate.

Multiple professional references, when addressing this issue, carefully state: "the IRS position is..." - which to me indicates the same doubts that I have about the legality of the IRS position.Until the IRS is challenged in court over this position and loses, I choose to comply with their position.

Additionally, we addressed plumbing and electrical issues to make the property fully rental-compliant.

Originally posted by @Kumar Gaurav:@Andrey Y.Good information and I am curious to know if it’s too late to get into syndications, was thinking about 1031ing my rental duplex into a syndication @Dave Foster has addressed this topic very well.

The biggest challenge was addressing unforeseen structural issues, which ate into the budget.

The biggest challenge was addressing unforeseen structural issues, which ate into the budget.

What little trust I had in the seller disappeared during this process.Now, three days after finalizing all that, I get a text from my agent that they have assigned a street address.

In my day job I’m an ops professional who manages a tech stack and efficiency is important.

What considerations would be required to address before making a “Yay or Nay” decision to move on an out of state multifamily property.Toughts anyone? 

My tombstone should read: pick efficient investments, not tax-efficient investments.