My first STR, and plan on splitting between self use and renting to help offset costs. 

My CPA isn't well versed in 1031 exchanges and I want to know the effect of transferring title back to our names from a tax perspective. 

Managing self-employment income requires tracking eligible deductions like business expenses, home office use, and retirement contributions.

I actually used to live in the area and self-managed all my properties while I was there.

Being able to purchase a property with only 5% down means you can leverage your money way more effectively.

Since you’re managing a Section 8 tenant and taking over property management, focus on understanding local regulations, lease terms, and effective tenant communication.

The one thing it had going for it was actually talking to a person but it’s also costly and takes time to hire and train a team, only for many calls to go nowhere.Lately, as an investor I’ve been using an AI that’s been way more effective than I expected.

Note that a truly self-directed Solo 401k would be exempt from UBIT on leveraged real estate. 

Wife and I are both self-employed so acquiring a traditional mortgage is challenging based on our "on paper" income.

if so she should be self managing and saving herself the 6-10% on rents.