You should evaluate what the largest like loss and divide that by the number of units in the association to get a ballpark.

FCI Exchange has the largest database of seller/buyers

Hello Shiloh, I am extremely grateful to you for this thoughtful response that perfectly defines the distinction between a Mentor and a Coach.

However, there is a distinction in terms of the type of earnings and exposure to UBIT.Passive income such as interest, royalties, dividends and rents from real property are passive in nature and would be 100% tax-sheltered to an IRA.Income from a trade or business activity such as flipping is subject to UBIT, however.  

Some of my largest clients do this as the amount of $ saved on premiums over their entire portfolio will cover the amount of the claim that will not be covered.Account Closed thanks for the mention.  

Appreciation alone is only one of the factors.I would argue that the largest difference between the two investments is leverage.

I have a very nice little 4 acre piece I bought in Northern CA back in the early 90's that if I used cash flow as a determining factor i would have never bought it for 27k and suffered negative cash flow of 200 a year in tax's all these years. but I would not also own a property that has just been zone mixed use residential next to the largest casino in CA...  

I'm the largest investor in one and a significant investor in another.

LLCs and LPs structure and form have two distinct sections of statute in NC.And given that "every CPA I talk to tells me the same thing" I conclude that these entity structures (LLCs, LPs) in CA are radically different than the 49 other states.

I do however have single family rentals, and work the largest property management company in Northeast Oregon, and I have found that craigslist could be a great resource to check local rents.