Can we takes losses from syndications (as a LP) and deduct those losses from our W2 income, Based on the fact that my spouse qualifies as a real estate professional?

Richmond is a wonderful place for real estate investing, with its expanding economy, variety of neighborhoods, and affordable property prices compared to bigger cities.If you want to further your real estate investment journey in Richmond, it's important to stay informed about market trends, connect with fellow investors, analyze properties thoroughly, consider various financing options, diversify your portfolio, manage your properties effectively, and stay well-informed about real estate investment strategies.

Look into Cost Segregation and talk to a professional.

I'm reaching out today because I find myself at a crossroads in life and could use some guidance and support from this amazing community.A little background on my journey: I've been through some ups and downs, starting as a mailman and later transitioning into a CDL driver.

Since I don't know what I don't know, I rely on these professionals to help keep me educated, organized, and my business healthy. 

This involves discussing legal and tax implications with professionals like a real estate attorney and tax advisor to find the best structure for your situation.

I look forward to hearing about your journey in solving your marketing need.

This is what I recommend for you to continue on your real estate journey:1.

====================I have asked 3 accounting professionals and received slightly different answers. 

as far as I know you can only use them to offset income if you’re at real estate professional.