But more than anything, like I’m assuming is true for all of you, I’m drawn to the passive income and tax benefits real estate provides.

With two members, you are required to file a partnership, I think form 1065, which spits out a K-1 so you can file your personal tax return. 

I would contact counties and cities for Off Sale tax properties.  

Quote from @Jonathan Camacho: @Jonathan Camacho: We focus on cash flow and tax write offs.

@Sahil RohraYou're on the right track understanding real estate tax strategies.

Dont want to miss out on potentially lifechanging tax savings!

I'm pretty sure you can write off the bootcamps. If so how do you do that? does BP provide a receipt to give to my CPA? I can't find my receipt in my emails just wondering if anyone else has done this.

Because we are a team of 3, we were wanting to move the properties under the LLC for ease of organizing finances/tax implications.

I’m new to this world so I don’t fully understand all the rules and benefits but as someone who isn’t a real estate professional, And my spouse isn’t either, so we still receive tax benefits from Investing in a syndication?  

Any tax benefits at all?