taking advantage of passive losses
I'm able to take a significant number of passive losses on my rental properties. However, I don't qualify as a Real Estate Professional. Are there any investments I can make that can take advantage of these losses now?
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Hey Ryan,
There a definitely ways to mitigate your losses when it comes to investing. One I know for sure is being a limited partner in a syndication. Passive investors are valued and therefore paid before anyone else if there is a preferred return. If the investment goes south the operators will have to take a loss from their earnings so that the passive investors is happy and comes back. Hope that helps and please correct me if im wrong.