., sole proprietorship, partnership, LLC).Ultimately, it's essential to work with a tax advisor or accountant who understands your specific situation, goals, and the nuances of rental property taxation.

The proposed plan which got approved is to expand it from 1800 sf to 4235 sf, and initially I speculated that this may cost $300-350k to do and budgeted it accordingly.

I'm looking to allocate this specifically to real estate.I gotcha, if you are already "set" in other categories then that changes things.

I understand that a lot will depend on the specifics.

We own in Florida, but we do not own in the keys and I was hoping to get some more nuanced feedback than what I've seen in older posts (something more than "follow the law, get STR license" etc).Specifically, in the lower keys (Summerland to Key West):- how important do you find private dockage to be to 28 day "STR" guests?

Demonstrating your knowledge and experience can be very persuasive.Be Specific About Your Needs and Offer: Clearly outline what you are looking for in a partner and what you can offer them.

It is very fact pattern and venue specific. 

However, you missed the specifics of the question: it was not about just rental losses, but losses transferred to you via K-1 as a passive investor in a syndication.

I really appreciate the community here and have learned so much just reviewing old posts and searching on specific questions and topics.

If you are interested in a specific property, you can start by contacting your agent and communicating your interest to them.