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Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...
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I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
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The BiggerPockets Conference would not be possible without the support of our sponsors and exhibitors. Below are the companies that are helping to make this event happen!
Platinum Sponsors:PassiveInvesting.comREI Nat...
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A sponsor in a syndication who receives 20% equity without any investment is taxed on receiving equity or only on sale of the asset. For example in an LLC has five members with 20% stake, and four only invest cash cap...
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I'm searching for ways to partner with a syndicate sponsor. I'm an experienced house flipper, and have been very successful. My partner is a licensed real estate agent. I'm a licensed contractor. We want to pursue big...
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Hi BiggerPockets, I have recently passed safe Nmls state exam and looking for a sponsoring mortgage broker in the New York 5 borough area. Any recommendations will be greatly appreciated!!
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I have a non-recourse term sheet from a lender that is requiring me to get a co-sponsor to meet the net worth requirement. This is for a $7.8m purchase with around $4.5m in debt. I'll be running point on everything,...
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Hi everyone, I live in the DFW Area and will be starting my real estate classes coming up here.
My goal is to be involved in investor transactions to increase my experience.
The end goal is to use this experience ...
I have created a self-directed IRA LLC for investment into a commercial real estate venture. The sponsor has asked that I complete a W9, which has generated much confusion among them, my CPA, the advisor that helped m...
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We have a couple deals where we do 8% to capital and then a 50/50 split after than hurdle. I have a couple questions there:1. Who gets the depreciation write-off? Does the general partner (sponsor) generally participa...