Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

I also had a passive loss for the rental property in 2017.

I am exploring passive investment opportunities in storage funds and would appreciate any insights or recommendations.Never heard of them.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

He also has a book coming out in a month or so focused on passive investors like me.

And some of them are structured in ways where they produce passive income. 

Figure out the state and federal capital gains tax and depreciation recapture after selling costs.

I'm looking to learn more about passive real estate investing, syndications, and other passive or semi-passive streams of income or equity building.

The solution isn't to not passively invest.

Does it outweigh paying the capital gains tax?