Looking for suggestions on how to add a custom post type as a front end BuddyPress component

Hello all,

I am looking for a way to use a custom post type with taxonomies that can be used as a front end BuddyPress component. I want any registered user to be able to enter a new post from the front end and for others to be able to comment or “like” the post. I also want to create an activity stream for all entries and one for each taxonomy term.

I am looking at the BuddyPress-custom-posts plugin and the BuddyPress Skeleton Component Plugin

Any suggestions or ideas would be greatly appreciated. Thanks.