Self employment tax from syndication

[Rich Thomas]

I am looking at investing in a syndication which is structured as an LLC and taxed as a partnership. Will I pay self employment tax from any profit on this?

[Ben Leybovich]

Originally posted by @Rich Thomas:

@Ben Leybovich thats correct I am just an LP. So I would assume any profits/losses just pass through to me and get taxed at my tax rate?

Thanks!

Yes, but with the current tax law, if you're investing in any kind of a value add there should be much more loss than income in your K-1 :)