I think I’m more focused on long term gain, some short term cash flow is nice but I’m not planning to try and live on it or anything.

You will definitely learn a lot here - reading books and listening to podcasts, attending local meetups and conferences are all great ways to learn, gain advice, share thoughts and network!

Hopefully, you have been able to gain more advice since then. 

However, these losses aren’t lost; they are carried forward to offset future rental income or gain upon sale of the property.3.

If you aren't getting traction, then it is either the price or the marketing.

So if you had 3 rentals with losses and 2 rentals with gains, the losses from the 3 rentals would offset the other 2 rentals and the rest of the loss would be carried forward to offset other passive activity losses in future years if applicable.

And in fairness, not worth doing if you're not making more than that anyway.If he does something like this and it exceeds the SGA (Substantial Gainful Activity) limit he would lose his disability right? 

The BP forum is free and some contributors have nothing to gain and want to see others thrive.

So if you have any additional gain left over after taking the 121 exclusion, including the depreciation recapture, you can shelter the rest in a 1031 exchange.

If someone were to buy their shares, they would gain ownership of 2/3 of the business.