Since you plan to travel often, focusing on systems and building a reliable team: agent, lender, property manager, and contractor. 

After consulting with our contact at Airbnb, we were told they were ranking on page 13!!!

Best way is to consult with a tax advisor to ensure compliance with IRS guidelines.

I am doing the same right now, have 5 consultation appointments set up as of now. 

i don't know how you BRRRR out of state unless you're planning on traveling there frequently to oversee it. 

Living in a great travel destination like Sonoma you should consider a duplex or triplex and operate the other unit(s) on AirBNB, VRBO, etc.

Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning. 

We (developer and all of us as consultants) were sued over this PE three years later, which I mostly believe is because they realized they had no 'proof' of the PE beyond the fact that we had shot holes in their AP until they acquiesced to PE.

But a specialist could be helpful if you have unique situations, want to explore advanced strategies, or simply save time.Cost varies - some charge hourly, some a flat fee.I'd recommend checking the tax pro button on top of the page and scheduling a free consultation.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.