I've participated in other people's flips before, but this is the first one I'm taking on as a personal project... super excited, a little bit nervous, learning as much as I can!!!

I was most interested in whether folks who have been participating in syndications for several years have found it best practice to have cash reserves for their holdings in case of a market downturn like in '08 as I know this was a common fault for many involved in direct ownership of properties (especially in single-family).

The plan specifies "Participants and beneficiaries can obtain, from the plan administrator, without charge, a copy of the plan's procedures governing Qualified Domestic Relations Orders."

What he is saying is that, depending on your participation in the development project, it may not be capital loss but ordinary business loss.

This can help reduce your overall taxable rental income.Passive Activity Rules: Keep in mind that rental activities are typically considered passive activities, and the deductibility of losses or expenses from passive activities may be subject to limitations based on your income and active participation.

vsSDIRA - no self dealing/more restrictive in my participation, more favorable tax structure BUT - the SDIRA CANNOT obtain financing, I'd need seller fin or just pay cash.

I'm currently undergoing the process of pre-qualifying for a loan for about $100,000 just so I can start seriously shopping.I currently live in the Kenosha, WI area where there are relatively affordable home due to being sandwiched between Chicago and Milwaukee.Despite this, I've spoken with a couple real estate agents in the area that say multi-family homes are rarely in my price range and foreclosures get swept up quickly before investors can participate.  

The debate I was participating in was Roth v.

I also want to learn and participate in syndication if the opportunity arises. 

Materially participate in each rental activity (“material participation test”).I would say we have about 4-5M in asset depreciation that we typically take over 27 yrs per our CPA thus we do not pay tax on rental income/profit.Could We1.