I just read this great article by @David Thompson, and want to check my understanding of taxes for limited partners in real estate syndication.- Income distributions are taxed at ordinary income rates, but there may be no taxes at all if there are "paper losses" from accelerated depreciation.- If cash is returned to the investor through a refinance, that is a partial return of equity and a non-taxable event.- When the property is sold, any gains are taxed as capital gains. - A 1031 exchange of sorts is possible if you roll the sale of the limited partnership into a similar and larger limited partnership, but you cannot 1031 directly into your own property acquisition.Am I getting this about right?

@Jamier Hughes - there is a great how to guide that covers thathttps://www.biggerpockets.com/renewsblog/2015/01/3...Also a bunch of articles on ithttps://www.biggerpockets.com/renewsblog/category/...

Dozens of articles every week about the financial issues people face and I post a personal anecdote and I'm a jerk.   

No not section 8, it was due to all the fires, I'll find you the article...

You can also explore the Biggerpockets Blog, which is where a lot of the SME on the different real estate investing strategies focus the bulk of their contributions, and there are a lot of great articles there. 

Here's an interesting article from CNBC.

Read the articles on this site and take them to heart. 

I enjoy the flow when reading your articles. 

I've been reading articles and around the forums regarding funding options for RE investments, and me and my father(partner) are interested in acquiring some SFR units in the future.My father has mentioned that he has a good relationship with a local banker in town that he could pull 30% down payment for another RE investment.

Here's an excerpt from the below article which explains further: "A principal residence is the dwelling you occupy for a majority of the calendar year, according to the Department of Housing and Urban Development, which sets FHA guidelines.