You do get a small boost on most booking platforms right when you list, but overall it takes time to gain traction and perfect your pricing strategy.

The only difference is that there might be an explainable rationale for holding on to a property, such as a well-founded belief that equity gains are coming (such as owning a house in a rapidly growing area or property where the next commercial boom is headed), whereas with gambling your odds never change regardless of your losses.

For the purpose of, say, minimizing capital gain in the same year. 

There are a ton of Facebook pages you can gain insight and possible renters from. 

The suspended losses can used to offset the capital gains from the sale of the property or to offset deprecation recapture.

And it always takes a little longer and costs a little more...The more properties you have in a small area the better you can focus and gain operational efficiencies.

At the early stages, the more control you have over your real estate, the better returns thus I recommend investing locally to make your dollar go that much farther and gain a good familarity with real estate before exploring out of state investing.

Over time, as rents rise and your margins improve, a good PM is worth their weight in gold. 

That way we could either claim expenses as deductions or through depreciation, rather than just as an increase in basis for capital gains if it was our primary residence? 

I'm just wondering how to handle the capital gain tax between me and my partner.