There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Here's a spreadsheet I made that will help you think about the house hack vs buy vs rent decision - available for free here on BiggerPockets: https://www.biggerpockets.com/files/user/scotttrench/file/ho...

.)- We file our taxes as joint / married- Her tax deduction benefits from qualifying as a real estate professional from the STR can offset my W2 income. - She can use REPSTRACKER for thisI then of course have a plethora of other questions in terms of book keeping (tracking all purchases etc...) but I will save those for another time unless someone has the best offline resources I can start to learn from? 

They will need to file a partnership tax return, and each owner will receive a K-1, which will include their individual SSN.

We are also 2 points in origination on most files. 

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

For instance, many categories you might want to file transactions are missing.

I filed a claim for loss of rents. 

I get this but the provision also requires the LLC that holds the property to submit to the local jurisdiction wherever the Qi files.