Since you are discussing syndication, it is likely a passive investment to you.Whether the loss is ordinary or capital will depend on the type of investment and the positions taken by the partnership and will be displayed on the K-1.There are further things to consider such as whether the K-1 is fully disposed of or not.

Are you saying a 25%+ increase to money in circulation has led to increased disposable wages and wealth to spend towards rents?

It is also correlated to the Fed's lending rate, but there is typically a lag in this correlation as there are a lot of resources at the operator disposal to get attractive rates even as the fed rate increase (separate conversation)Take, for example, a few different scenarios: JLL brings to market a 180-unit property in Core+ Neighborhood with favorable politics, strong job, and population growth.

And it’s not so much that people the upper class doesn’t spend disposable income it’s just that they already spend it.

Dear BP,We are in the process of researching an electrical upgrade for a 1950 apartment building with 8 one bedrooms and 2 studios, taking into account the following:We have no dishwashers or garbage disposals and won't install any,Stoves, ovens and heaters are gas,We are in Southern California,In one bedrooms: 10,000 BTU a/c for living room and 6,000 BTU for bedroom,Central water heater is gas,We'd like 2 electric vehicle chargers connected to house circuit (currently only has LED lights on it),We have no washers/dryers currently but might get one of each or a pair in the future,Our insurance company states each unit should have 150 amps.How many amps should we put in the main breaker?  

@Jon Crosby and @Lucas Carl - same but limit the coffee provided to self contained disposable coffee packets and normally just provide one to get the guest started. 

I ran the disposal and the water goes down.  

Anything else would keep you tethered together after the breakup until the house was disposed of.

This allows me the freedom to have enough disposable cash from my day job to cash-flow what my rental house cannot.  

I use to know where each and every cent is going and know exactly what i have disposable for ventures.