Wait until some future event unlocks these losses, most commonly when one of your passive investments is sold or when your passive investments produce positive income even after all the deductions.B.

Since you were NOT real estate pro during the time you had made those investments, those paper losses are passive and cannot be unlocked as active later. 

Of course, as you emphasize, having a real estate focused CPA is key to unlocking the upside, and avoiding unintended consequences, of tax tool implementation.

We're not that far from 5%, we're one little cliff like fall in a domino(probably one we don't see) to create a big rate cut and unlock a lot of sellers. 

Its locked so you can screw up the formulas but is you send me a message I will give you the code to unlock it so you can tweak it for yourself.

You will have to become active and join a firm where you'll have oversight, and if you want keys to the kingdom so to speak (unlock doors/show property) you'll have to subscribe to your NAR MLS, perhaps your commercial board, and all the memberships your firm requires.

Unlock the Power of Cash Value!

Explore social media events and be sure to connect with local lenders and brokers, these connections will be beneficial in unlocking valuable knowledge and resources as you embark on your exciting path.

This is what is going to happen to unlock trillions in illiquid capital b/c the value of each security will be dictated by the performance of the asset. 

The question I would encourage be asked is “How can you qualify as a real estate professional and unlock these benefits?”