If you want to go more passive, you may consider taking the cap gains hit and pushing funds into numerous syndications. 

You will need to be somewhat hands on if you want to be able to realize your gains in an area like South Shore, and you will definitely need to manage the manager.

You can use the knowledge in passive real estate investing that you gain and share it with your clients - most of whom are probably W2 earners who, like you, don't have time to become a focused active investor.Active investing has a lot of benefits - it just isn't at all passive, even the "passive" turnkey kind - I am a big believer in matching your investing to your lifestyle. 

Your suspended losses will decrease your gain when you sell the house.

ThanksThey might want to sell the townhouse to keep their 500k capital gain exclusion under Sec 121.

Taxable Gain is $500k. 2.

Wants to know the capital gain profit tax in missouri.

I'm looking to network and build relationships with investors, and gain as much knowledge as possible.

The longer you reside in a home the harder it is for most people to turn into a rental because it gains emotional significance.  

I know we all get busy but spending the time and effort to gain that person's trust and build a great rapport is surely worth the time.