How to find passive partner opportunities in multifamily deals
I am interested in using my W-2 job salary to invest in multifamily apartment complexes. I would like to start out by being a passive investor in a few deals to learn the process. I would welcome your suggestions on how to find and become involved in this process.
Also, it is my understanding that returns from these deals end up being tax free as a result of depreciation on the property. True if done correctly?
Thoughts? Advice?
Best Regards,
Webster