I’d have to pay for my LA rent while also paying for the duplex which total to approx 35-40% of my after tax pay.

.~75% of the syndicators and GP’s I talk to receive some form of acquisition fee for their services and often times use part (or all) of those fees to to re-invest into the deal.What is tough about that is that the fee was taxable, but the taxpayer just invested the fee so they don’t have the cash left over to pay the tax.Instead, what if the portion that they reinvested was actually re-structured to be paid out on the back end as a GP catchup in the waterfall instead of on the front end as a fee?

(source)It also states this:  The following requirements must be met by taxpayers or RPEs to qualify for this safe harbor:*Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise.

REPS status only means real estate rental activities aren't automatically passive.But the taxpayer, even if he or she is a REP, still needs to materially participate in the thing generating the losses.For what it's worth, a few months ago, I saw some advertising saying you could do this.

Any tax paying entity can do a 1031.

Law enforcement would benefit greatly (as will taxpayers) from even a cursory examination of Emergency Business Relief based on the dollar amount involved and more thorough understanding of the owner, Ron Fossum, documented history of financial fraud.Reg D filings for Marco Santarelli, Another Entity, and 82% Returns:A search of the SEC database confirms that Norada Capital Management, not Norada Real Estate Investments, raises money from investors.

I can find cases—mostly from the ’60s and ’70s—where it’s obvious the taxpayer was acting like a business.

All the irs cares about is that it’s the same tax payer.

Taxpayers in her district are hurting.https://www.rismedia.com/...

The Section 1362 election a taxpayer makes by filing a 2553 form is basically a decision about which tax accounting rules you use.P.S.