When you exit a deal, what normally ends up happening (like Tom Brady keep winning more Super Bowls) is that you go into two more deals (with now double the amount of capital) and you will likely find that with those new K1s you could result in you having way more passive losses you began with If you can see where this is going... yes, experienced investors with a lot of capital deployed might have 500k-1M+ suspended passive losses and have not paid taxes in years and do not appear to pay taxes for years!

The tires end up on whatever land they can secretly store them, and spend all of the money they collected; leaving the problem for the next person to deal with.Another solution that most people aren’t aware of is that if a the sidewalls of the tires are removed, the state agencies don’t define it as a “whole tire”, which often times allows one to toss the 2 sidewalls and the tread (for each tire) into a normal trash bin.

Normally I would add both on the lease agreement equally responsible for it, but in this case can I specify that the original tenant is the primary tenant responsible for all financial side of the agreement?

Sorry, I am new at this and appreciate any insight someone can provide...1) Do you normally do a credit check on potential tenants?

doing Airbnb in West VA harpers ferry area. what would be the most cost effective, appliances repair and doing some normal maintenance?

They normally only get paid if they are able to successfully reduce your property taxes.Best of luck

Its taking longer than normal to get appraisals in bigger cities where there are lots of licensed appraisers. 

I normally say that everyone should keep everything they own in the Denver area.

I think it is called 'testosterone'.Then, you have the normal expectations with partnerships.

Warm welcomes from a fellow PwC Alum(4 years for me in the NYC office) splitting my time in the Investment Management(IM) and State and Local Tax Group(SALT).Commercial real estate is normally a good candidate for a cost segregation study.It is unclear of the investor pool that you will be taking capital from - There are unique tax considerations when you have investors that are Exempt organizations and foreign partners.Another consideration for the investors, you may want to work with a firm that can handle the tax filing obligations for the partnerships by April 15 - This would allow your investors to file a timely return instead of them having to go on extension.Best of luck to you in your search