But you also have to track your material participation time in your property(s) if you're trying to qualify to use your real estate tax loss to offset your other income. 

Outside of my decade doing tax returns I've been an educator for the last several years. 

I'm making two assumptions here - it will take you a year to get the tenants out, and so you are cash flow negative for a year, and that year of negative cash flow is a lot less than the loss in sale price you will need to take to get it sold as-is. 

To give you some hope, in the mean time of your RE losses, many of us are doing very well. 

But here are ways to reduce capital gains taxes:Deduct expenses (renovation, selling costs) in 2024 to offset gains.Hold for 1+ year to qualify for lower long-term capital gains tax rates.Invest in a Qualified Opportunity Fund (QOF) to defer taxes.Use tax-loss harvesting to offset gains with investment losses.Pushing 2024 deductions to 2025 won’t help much with 2024 capital gains.

Lastly, are there any agents able to help with this in St.

Last year we have been in the top 5 most competitive markets for renters in the US.

Don't spend your last dime on an investment.

.: Wondering if losses from passive rental income (I.e. long distance property managed by third party) could offset capital gains from stocks? 

It’s great that you’re being proactive, especially as you scale up your real estate portfolio.You're right in noticing that higher W-2 income creates some barriers when it comes to offsetting taxes through real estate, especially due to passive activity loss limitations.