Just some food for thought.https://www.mobilehomeuniversity.com/mhp-mastery/the-new-par...

What you are proposing is the classic money loss situation unfortunately.

-Housing, utilities and food cost are around 14%, 8% and 6% compared to the national average making it a great place to live for families, college students and people looking to retire.

Also, have you grouped your properties, active or passive, to be able to use losses on one against gains on another?

I bought with a cash-flow on day-1 and could tolerate two vacancies before creating red-ink, so it's crazy to be penny-wise and vacancy foolish.I know there are those here on BP that harp on hobby vs professional business operations, but there's more to the bottom line than just GSI - - consider the opportunity losses created by vacancies.

What do you guys use for book keeping, to categorize transactions and generate Profit and Loss reports for your CPA? 

My property has a capital loss.

The bank stopped paying the taxes because it's a loss either way. 

I aim to have it show the impact of K1 losses if the syndication offers it, and that tool is helpful because some of the comparisons will show a real estate syndication vs mortgage notes or debt funds that may not offer the same tax advantages/losses.I've included some of the criteria I was putting on the Excel calculation below.

@Keith Meyer The subject you appear to be referencing in the link is Passive Activity Loss Limitations under Sec. 469 of the IRC.