If I ask my client to pay me $XX to prepare a state tax return which saves him $0 on taxes, only to have his losses documented, it's normally a hard pass.

We successfully rented it out as STR by the end of the year, setup and managed ourselves, did cost segregation studies and got back 100% of our money invested thru tax refund for year 2022.

The only thing holding me back from trying to keep them is the fact that I want to use the money from this project to fund a different multifamily project here in the Seattle area.

He bought the home with no money down, Home town Heros program and creative finance, then we developed the property by improving it with electrical upgrade additional meters and more bedrooms.

There is also one mentioned a lot on this forum that has a long thread that someone shared the investors are wiped out, just not officially because the sponsors are trying to scrape up as much money through capital calls to get back their own money that they provided to the syndication in the fashion of loans. 

My guess is that if you only took the cash from your sale and bought a property for cash you'd still have substantial tax savings.

I am being told I need more money down for another property. 

We are managing members of each series, and make all decisions (we have a fiduciary responsibility to the investors), additionally we investment our own money in every note (series).  

Differentiating to increase occupancy or highlight the value offered doesn't need to cost money. 

@Britney RossI’ve been in the RE business for over four decades now.Most of that time spent in the single family brokerage and investing world.Several years ago, I made the decision to transition from SFR to multifamily.Despite decades in the industry I felt the need to educate myself about MF.I paid for an intense 2 week education program and then a 3 month mentorship.Trust me, it was worth it.During the mentorship, I acquired a 43 unit property with the help of my mentor.Fast forward 4 years later, I am in a General Partner in 1000 units worth $130M.So for me, it was money well spent.You didn’t mention where type of investing you wanted to do.If it’s MF, you are going to need partners and help.