How to generate maximum tax losses this year?

[Cooper Marcus]

I need to maximize my tax losses this year - how should I invest in real estate (or something else?) to generate maximum tax losses?

(Ideally, for every $1 I invest, I'd get $1 in tax losses this year - I don't care much about tax losses in future years, but of course I'd like this investment to eventually generate a positive return :)

[Caleb Heimsoth]

@Cooper Marcus one way would be to buy a 50k house from Morris invest (when it’s only worth 10k) and then sell it for 10k. Poof, 40k tax loss.