You can use up to $25k a year of those passive activity losses if you are actively participating in your real estate ventures ("small landlord" exception) and income stays under $100k a year.So yes it can be useful if someone happens to fall under these circumstances, but for anyone who is going to have over $100k a year of retirement / other sourced income, they may be out of luck.It's all timing - you are just using up those PAL earlier than if you waited for the rentals to start producing taxable income (they normally do if it is a good investment), or a property is sold and PAL are released to offset that income. 

My goal is that in 6 months I have legit offers on the table for rentals or other real estate ventures that allow me to move away from education.  

Someone could be venturing into something with some money to put into a deal as a GP and lose all their money too because they have little to no experience.You pay for experience.

However, drawing from my success with two STR properties, I ventured into "Arbitrage" to leverage my expertise.

That should have been worked out and put into the Joint Venture agreement you both signed.

Originally posted by @Tushar Shah:@Michael HenryHey Michael, I too am planning to venture into Milwaukee.

Please lets KIT and once I get started I won't be afraid to venture outside of Louisiana

Ultimately our main goal build a portfolio of multiple different types of investment properties, buy and holds, rental properties, and fix/flips; but the wholesaling side of real estate seems like an attractive venture as we are just starting with little capital and it could provide us with a revenue stream to become a cash buyer. 

I certainly led me to thinking that residential assisted living homes (RALs) may be a valid venture to dive into over the next few years.That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey. 

With active inventory surging by 14.2% and the months supply of inventory climbing by 22.9%, it's a reminder that the flow of supply and demand dictate the rhythm of the market.Miami Townhomes & Condos: Meets Coastal CoolNow, let's venture into the heart of Miami's urban landscape, where townhomes & condos embody the city's pulsating energy.