You report income from a partnership based on your profit / loss % in the partnership and how much profit/loss the partnership reported.Regarding the 10% preferred - syndication normally don't distribute based on 10% of taxable income; they do it based on book income or cash-flow.

A 300k project and I have 6 different private investors, how do I distribute their money back as well as interest and still receive profit? 

Want to get your thoughts/opinion on few subjects:1.would you do a ren't relief plan to your tenants if worst come and because of reality kicks in and they won't be able to pay rents or some of the rents?

if its a mortgage loan you can do a formal assumption other wise you simply take title subject to the lein

Where is the subject property located?

Also, I’d too like to recommend “Long Distance Real Estate Investing”, by David Greene, phenomenal book on the subject.

Any other tips on the subject would be greatly appreciated, thanks!

and you are leasing it without Agent Assistance, you can discriminate (Check Validity in your state)  - but commonsense says stay away from questions about sensitive subjects (Religion, Sexual Orientation, Ethnicity, etc). 

We can still get agency debt, but it would require taking the property out of the LLC (aka "distributing property from the partnership) and then immediately placing the property back in the LLC (aka "contributing property to the partnership).My question....- Would this transaction trigger any negative (or positive) tax consequences? 

Hey everyone, today I locked up a subject to deal here in FL.