Finds (1) half of what plaintiffs told him is incorrect or untrue; the potential defendant has filed all the correct paperwork for Reg D and hence has “statutory” protection against almost all but fraud; unlike what the plaintiffs believe and told the attorney the risks WERE disclosed to them, NO specific return was promised them; and the defendants have not stopped communications; they merely grew tired of the 82 daily phone calls asking, accusing, and raging by the same three plaintiffs.  

Avoid the books that are merely “fronts” for a guru selling mentorship’s, and utilize the books that contain full information.  

The GC charged additional fees to “correct” the work, but merely covered up the old pan, leading to water leakage into the basement and mold growth.

Even if you are saying it's merely a kitchen and bathroom renovation.

Clearly, they failed in their primary responsibility to you as their layer of due diligence was a mere gossamer like patina.

This of course merely increases the investor calls with many containing threats of legal action.  

But you make a point in not choosing a property manager merely based on price.I can give you (sadly) examples of a few clients that lost a lot of money by going to cheaper property managers that did not know what they were doing or were not focused. 

It appears these investors merely provided unsecured loans to RAD who in turn purportedly made loans, although its unclear if that ever happened.

Is there no operating agreement or is it merely silent on terms that are favorable to your client?

This extra bonus depreciation will not help you if you run into these limitations known as PAL - passive activity loss limitations: https://www.biggerpockets.com/forums/51/topics/1121063-expla...There are two main ways to defeat these restrictions: either qualify for the Real Estate Professional Status (REPS) or qualify for the Short-term Rental (STR) loophole: https://www.biggerpockets.com/forums/51/topics/1122635-the-s...REPS and STR are not new, and you must actually qualify, it is not merely checking some box in your tax software.4.