I never investigated further.I always questioned his recommendations because at the price/rent point he was advocating, the maintenance/cap ex would consume too much of the rent unless actively self managed.  

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.

In fact many properties being shopped around by wholesalers are actually just expired MLS listings (properties that failed to sell on the MLS) or active MLS listings under contract by a wholesaler. 

I am having a doubt here, as this seems like active losses from the sale, whereas the property was a commercial rental property held > 1 year.

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

Even the most active moderators tend to stick to specific forum topics.

I now have a duplex, and a triplex and actively working on acquiring my third.   

Hi - are there any scenarios in which mid-term rental income/losses can be considered as active income rather than passive, besides when one has REPS status?

Normally with long term rentals though, losses are considered passive activity losses and not released until you dispose of the property.

First off, if you have passive activity losses carryovers (unused losses from previous years) those losses wil be recognized to the extent of your passive income (gain) from the sale.