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

Initial rehab of your property is not "repairs", it is "capital improvements."

And finally they want success in real estate investing skipping the necessary years of experience, capital accumulation and mastering  lessons regarding real estate principles, law, and finance, by paying a “mentor” (guru) for a 3 day workshop and continual “mentoring”.  

I have the capital, experience, and connections to make it happen.

I have about $1M in capital to start with and would benefit from learning how you found your deals and the details.Rob

I haven't but mostly just because we need our capital for "active" real estate investments.

Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.

You could buy out the partner over time using part of the cash flow generated by the property.Consider a silent investor who provides capital without day-to-day involvement.

We will be setting up in Bigger Pockets as a Syndication and fund looking for Hard Money Investors as our Acquisitions Team is Building out Capital Stacks.  

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