I think the answer is no, that you would have to take it in 2023, which would lock your losses in as "passive" and carried forward into 2024.

You mention airbnb in your title.You want to work with a professional who understands whether a rental that is listed on airbnb is considered active or passive.if it is passive, there might be opportunities to generate paper-losses in the first year to offset your other income such as wages, interest, dividends, etc.

My question is, if I can read most of the information given at sessions, and network with people in my region, or social media, what is the benefit of taking 3-4 days off work and spending a couple grand (entrance, flight, food, lodging)? 

There is a big difference.Social Services to me means section 8 housing vouchers, food stamp existant, and other welfare benefits.Social Security (whether you agree with the program or not) is based on repayment of money you earned while working and supposedly placed into a trust for retirement.

This extra layer of protection limits the possibility of litigation and losses due to damages.

What happens if he mismanages it and you end up losing money - do you split losses 50/50 or do you get your capital returned 67/33? 

I mean what could go wrong with no trucks to move supplies and food in a state that large......? 

Not exactly sure how this would work to make sure we are taking advantage of the loss reported for our own personal taxes.

There are ways to deal with these situations, and it depends on the property and the lien holder, but it's possible to do some pretty incredible things if you are willing to invest a little more in legal costs to close the gap on your losses.  

Probably due to all the losses they've been experiencing with all the wildfires, floods, etc. of late.We even have a case right now that required the owner to sue their own insurance company, because the insurance company denied their claim on an alleged technicality.