Great post @Robby Sanchez Spot on!

I imagine that if ALL the LP"s protested with Form 8082, the IRS might have taken note.I need to write some posts about the Tricks and Traps that some syndicators [not you, of course] use to the detriment of the LP's.But the Form 8082 is your best friend.  

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

Reporting begins when it's placed in service, not when it’s first rented.This post does not create a CPA-Client relationship.

I have read so many posts from Denise Evans but I don't fully understand the 'giving notice' aspect. 

@Chris WiermanSorry I am just now seeing this post.

@Dave Tasset I haven't personally invested with this company but have heard good things about then. 7e Investments, Chris posts frequently on BP.

Originally posted by @Brad Hammond:The Real Estate Guys do a great newsletter with lots of high-level information about the economy and how it impacts real estate.  

Interesting as there were a couple of posts a year ago after the widely distributed article in the media essentially calling it a STR crash.

I'm nervous to post here because I'm new to this forum and don't know exactly where to start...