@Angelo Llamas Great question and it's important to clarify, because there are two separate concepts often confused: the $25,000 passive loss allowance and the STR "loophole" for active loss use.If your short-term rental (STR) qualifies under the STR loophole, and you or your brother materially participate (e.g., 100+ hours and more than anyone else), then the rental is considered non-passive, and you can fully deduct losses against active (W-2 or 1099) income—no $25K cap applies.

Loss of Use / Loss of Rents: Normally, there is a 20% included limit.

If you meet the IRS material participation rules, you may even be able to offset W-2 income with those losses.

There is no magic pill. 

REPS only changes whether the resulting loss is deductible, not the schedule.

That's too big a gap for me; I'd have to just eat the current loss and move on.

I have better things to do with my time than fight over mediocre crap shacks at top dollar with people like you.Also you're a real estate broker shilling for clients on biggerpockets and I'm basically retired at 36 so who's the failure here cause it ain't me.Sam, you need to take a pill. 

Have you considered cutting losses?

I would not recommend the property if you're having a $20k operating loss once stabilized.

I myself am into the six figures in losses so far...