man oh man. these tax oriented collective investment schemes are a recipe for pain.

a fee issues ive seen:

the promoters often design their fee schedule knowing the tax savings involved (value based billing), thereby charging a far above market fee

they have multiple layers of fees for promoter, administrator, advisor, etc

lock ups are common and complexity is significant

diversification can be diworsification in real estate

my solution:

sell the property, buy ASICS, use the depreciation to offset the gain and stack sats OR just pay the tax and stack the sats, let bitcoins appreciation make up for tax drag