Hello Beth, this is where the learning takes place, the more at-bats you have with this type of potential client gets you prepped and that is how you can convert more sales.

This can trigger unfavorable tax rates when the property is sold, plus there are potential loss limitations, transfer issues, distribution problems, etc.  

To set up a TIC (tenant in common) for a 1031 exchange there is a legal entity and process that needs to take place.

I’ve started building a network of lenders and investors here, and I’m looking to deepen these connections and learn from your experiences.If you’re active in Cincinnati’s real estate market and open to discussing potential collaborations or sharing insights, I would love to connect with you.Looking forward to growing together in this vibrant community!

This way you have the support and accountability from a partner without the legal implications.

So I suppose the main point is that to just make sure the addition/ADU is "legal" when it comes to zoning.Hope this helps!

You might also meet someone that could be a potential business partner.

I'm drawn to the collaborative aspect and the potential for learning from seasoned syndicators.Questions About Syndications:As I embark on this journey, I'm eager to learn from those who are actively involved in syndications.

. $1,200 a year is not worth the potential tenant or maintenance headaches.

During COVID, evictions stacked up costing tons of legal fees and bad debt.