plus other expenses that are still subject to discussion and voting among the owners, it might be worth voicing your concerns with other owners and holding on to see what happens. 

I found some stuff among the 556 pages in this particular forum thread but it's all older.

You need to try your utmost to get noticed among the competition. 

While 1911 is not terribly old at this end of the country, in Saskatoon it must be among the older houses in-town.When you say it has been renovated, has the building envelope been insulated and air-sealed?  

Hey @John Semanchuk @Cedrick Nelson @Brad Braun We are currently in the process of subdividing the land among the different family members (roughly 24 acres total) and all indication is that there will be some who will just take their share and sell the land, others will hold and build and a third segment will build and sell.

There is a tremendous amount of short term inflow and outflow among the personnel getting trained there.

.- Utilities are split evenly among the students.- $5/month fee for cleaning supplies and toiletries.- Currently self managed and no maintenance costs were provided.The onsite management office can be utilized as an additional unit if an off-site property manager is used.

The property can be sold and the proceeds would be distributed equitably among the tenants according to their ownership percentage.

@Aaron MoayedIf you dig far enough into IRC Sec 469 and the related regs, you'll find this:Treas Reg Sec §1.469-1(f)(4)Carryover of disallowed deductions and credits(i)In generalIn the case of an activity of a taxpayer with respect to which any deductions or credits are disallowed for a taxable year under § 1.469-1T(f)(2) or (f)(3) (the loss activity)—(A) The disallowed deductions or credits is allocated among the taxpayer's activities for the succeeding taxable year in a manner that reasonably reflects the extent to which each activity continues the loss activity; and(B) The disallowed deductions or credits allocated to an activity under paragraph (f)(4)(i)(A) of this section shall be treated as deductions or credits from the activity for the succeeding taxable year.When reading tax law, what is not mentioned is just as important as what is mentioned.This Treasury Reg section, taken together with the IRC Sec 469 helps establish there is no definite carryover period for passive activity losses -- as opposed to NOL carryover.

Generally speaking, the best investors are among the quieter because they have less of a need to find new sources of capital (they have existing investor bases that fund new asset acquisitions)