We all know that generally passive activity losses can only be used to offset passive activity income, BUT, if if the project/investment is completely closed out and final K-1 generated with a loss, in that case can that loss be used to offset regular W-2 income ? 

I'm treating the symptom of having a long walk to the beach when I should be treating the problem of not being close enough to the beach.How do you define walkable to the beach?

You can't raise money without a deal and can't close a deal without a capital raiser.  

I have flipped several properties in those areas and I am hoping to close on my next flip in the Shawnee neighborhood next week. 

., If your calcs are close then you've got around $100K of gain. 

I'd be fine with it as long as they are paying close to the STR rates.Cuts down on your work for that time frame.

You may have 112K in equity, but you should also account for closing costs when you sell the property.

@Brock Mogensen, starting close to home in the greater Sacramento, CA area sounds like a solid plan for me.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

Work needs to begin as soon as I close on March 2nd.