Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply presented by

User Stats

9
Posts
0
Votes
George T.
  • San Diego, CA
0
Votes |
9
Posts

syndication tax simple?

George T.
  • San Diego, CA
Posted

so i’m looking to invest in syndication, and one thing i’m concerned about is taxes.  

i want to be in a passive deal, so syndication seem to check the box.  but i also want to make sure tax reporting will be simple.  

is taxes for syndications as simple as importing the year end K-1 form into turbotax and thats pretty much it?  i know i’m over simplifying, but at a high level i just want some feedback on tax reporting for syndications from you experts.  thanks in advance

Most Popular Reply

User Stats

4,249
Posts
2,629
Votes
Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
2,629
Votes |
4,249
Posts
Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
Replied

Download a blank k1 form for yourself and see what’s on there. The main spots are the deductions and gains.

  • Lane Kawaoka
  • Loading replies...