I'm neither a lawyer nor an accountant, but I recommend Googling "closely held corporation" and then asking your tax accountant how, if any, the proposed idea might impact your overall tax situation (https://www.irs.gov/faqs/small-business-self-employed-other-business/entities/entities-5: A closely held corporation is subject to additional limitations in the tax treatment of items such as passive activity losses, at-risk rules, and compensation paid to corporate officers.).I've read that when two closely held corporations owned by the same small group of shareholders do business with each other, the IRS sees a red flag because some people try using this approach to evade taxes.From my readings of personal finance articles, this additional scrutiny is based on whether there is an "arms length" between the two parties in a transaction. 

If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?

If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?

Can you make up fake profit-loss statements for your tax returns? 

The free version has a 15minute limit but most of my tasks don’t need much more than this.

An important part of the lease is who can occupy. i would limit overnight guests in lease.

There is NO SUCH thing as a guarantee in fact when investors invest with companies there should be language spelling out risks and the potential loss of the whole investment as a possibility. 

As you state your intent was to double-close - a universally legal way to wholesale - you may have some of the same remedies available.If your losses amount to enough that it's worth it to you, I'd talk with a local attorney.Let us know how this all works out. 

So this varies from state to state and sometimes by county, but I know here in Ga where all my portfolio is located, there is no set limit on the amount you can increase the rents by.

They are all cash flowing but I did show a loss on rental income for tax purposes (still trying to figure out if that's smart or not).Any advise would help.