As a single-member LLC, the IRS considers it a disregarded entity, meaning the income, expenses, and other tax-related items will still be reported on your personal tax return via Schedule E.

And is also pointless, because if you redirect depreciation to another investor, they should redirect the eventual depreciation recapture back to you.The point of investing in syndications via retirement accounts is not depreciation or, more accurately, early losses.

A non-licensed person can buy or sell their own property without an agent (e.g. via a "sell by owner" listing.)

Also, as others have mentioned, most institutional lenders do not lend to LLC's and have never given me any good reason for their position, since the owner is always required to assume personal liability via a personal guaranty. 

Please reach out via text:  404-729-4364 - Clay 

I keep reading and I learned that prior year passive losses "can not" be unlocked to offset current year W-2 income via REPS if me or my wife became REPS in 2024.

An opportunity fell on my lap, I have purchased a multifamily unit from my uncle on a seller finance deal and plan to BRRRR it and keep it long term.

Carefully read what you had them sign, notify them via certified mail (generally, 7 days' notice is needed in AZ), and schedule the HVAC person.

We've never met more than 60% of our clients in person, and few have ever come to see their properties.In my opinion, you're better off researching potential cities online and interviewing potential investment teams via Zoom than traveling to the city.

The tantrum to not create "organic" relationships via posting.