make friends. 

Purchase price: $75,000 Cash invested: $85,000 Single family.

If they know you, have spoken to you many times, and you have always been friendly with them, just explain your points, that there is no legal reason to deny your plans, and ask them what you can do to help get it approved.

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.  

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

You're gonna want to be around $400k purchase price to be in a good area too.

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.

I share an example in my book where five people wanted to rent a 5bed/3bath house (one boyfriend/girlfriend, and three other friends).

I have owned it for a very long time and had depreciated most of the original purchase price. 

Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain  As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.