It is puzzling that little or no attention appears to be paid to depreciation in Realtor's Offering memorandums or Sponsor's projections for projects that are being packaged and sold as LLC shares.

I would lean towards asking the plan sponsor this question as they are truly the only ones who would be able to answer it.

Concurrently, as you begin co-sponsoring multifamily deals with more experienced multifamily investors, you'll then be one step closer to being able to get commercial loans on multifamily properties yourself in the future as you get the experience as a sponsor on your resume.

I am a mentor in my brokerage as well, I’m mentoring 7 brokers right now that I sponsor.

Are you interested in becoming a Sponsor or a Passive Investor? 

.: I remember the year I sponsored Schools and gave the teachers Pencils..

My sponsoring broker requires me to do this.

Section 5-15(a) of the Act provides:It is unlawful for any person, corporation, limited liability company, registeredlimited liability partnership, or partnership to act as a managing broker, real estatebroker . . . or to advertise or assume to act as such broker . . . without a properlyissued sponsor card or a license issued under this Act by the Department, eitherdirectly or through its authorized designee. 225 ILCS 454/5-15(a).A license issued by the IDFPR certifies that the real estate broker has fulfilled all of therequirements of licensure under the Act. 225 ILCS 454/1-10.As of December 31, 2009, the Illinois Real Estate License Act of 2000 provides for a privateright of action when private citizens can seek to stop the unlicensed practice of real estatebrokerage. 225 ILCS 454/20-21(c).Other than as provided in Section 5-20 of this Act, if any person practices as a realestate broker, real estate salesperson or leasing agent or holds himself or herself outas a licensed sponsoring broker, managing broker, real estate broker, real estatesalesperson or leasing agent under this Act without being issued a valid existinglicense by the Department, then any licensed sponsoring broker, managing broker,real estate broker, real estate salesperson, leasing agent, any interested party, or anyperson injured thereby may, in addition to the Secretary, petition for relief asprovided in subsection (a) of this Section.

Payments to Sponsor.

Those ads help sponsor the site so don't go too hard on the fact that most of them are just bulloney:)))) New guys will believe it until they are taught differently and the way this thread is going...it will NEVER die:)Brandon?