I don’t think what you said about high income earners offsetting their income taxes by investing in a syndication is correct. My understanding is they would need to be considered a real estate professional to do that which in most cases they will not be if they have a w2.
I don’t think what you said about high income earners offsetting their income taxes by investing in a syndication is correct. My understanding is they would need to be considered a real estate professional to do that which in most cases they will not be if they have a w2.
Is it the same for private REITs? Can you compare private REITs vs syndication?