Keeping the same structural properties may not be possible. For example, with a "perfect" splice both moment of inertia and section modulus for the overlap portion will be double that of the rest of the 2x6.
With that said you may be able to make a splice that will work for many applications but the following should be considered:
1. What is the load and how is it applied?
2. How long is the spliced 2x6?
3. Does the 2x6 have lateral support?
4. Where is the splice? Middle of span? Near the end?
For spans where a 2x6 would be satisfactory the 4 foot overlap will probably be adequate. Chances are you will need more connectors than 2 bolts (of any size). In general try to spread a lot (maybe a couple of dozen or more) of connectors (nail, screws, bolts, glue) over the entire overlap area. Most failures result from "bad" connections not inadequate members.