One of the ones to be considerate of is the limitations of taking losses as a W-2 earner.

2) Can De Minimus Safe Harbor result in a  net operating loss? 

Don't get your hopes up of recovering that money.

However, I'm determined to find a way forward.I'm particularly interested in real estate investment opportunities, but without access to credit, I'm at a bit of a loss.

.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper? 

It’s got great bones and potential but I’m just at a loss as to how to move forward. 

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

For this year, I currently have about $131k in short-term capital losses outside of real estate. 

You can recover from losing $100k (I speak from experience) but how long depends on your current means. 

Therefore, my monthly payment has now gone up by $1,000 which doesn't make sense to rent out anymore, as it will be at a significant cash flow loss.