Passive Income Strategies with Harvested Passive Losses

[Joshua Wohlgemuth]

I am a busy doctor with some cash I have been saving for truly passive investment opportunities as I am limited with time right now. My father in law is a real estate professional and my wife is a “partner” of his in several properties. While we do not see income from these properties and are not managing them we do have a significant amount of depreciation and losses that have been assigned to us and carried over from the past couple years.

I am invested in some growth/equity focused projects already and am specifically looking in reliable income focused strategies that are tax efficient provided the losses I have from my family. If anyone has any suggestions of strategies I would really appreciate it!