I asked him if we can use that large combined losses being carried over to this year to offset my 2024 W-2 given that we can activate the real state profesional status this year to offset W-2 income without limitations.

I’m active duty Air Force with four rental properties.

Essentially no income details are required and the loan is based off of the collateral of the property and income, calculated using the active rents, appraisal rent schedule or even STR income or projected income.

However, as mentioned, we’d be happy to send our team out for extra service to relieve any concern!

AS a lifelong resident, active investor, and licensed agent specializing in investment properties, I'd be happy to serve as a resource.

If they give very little information or the new capital will only add a year or two to the viability of the deal, then I am likely not going to give them more money.The changing or stopping of distributions and calling capital are very stressful and concerning events when you combine it with a lack of information and transparency from the syndicator. 

Property Managers can also save you time, stress and legal compliancy to maximize your investment.

There's a handful of active wholesalers on the island that I know and can point you in the right direction, no pressure. 

I am a lifelong STL resident, active investor, and licensed agent specializing in investment properties.

In general, it is a tough RE market but house hacking is perhaps the best not real active option.