Eager to learn about RE tax write-offs, how to document/keep up with expenses, what can be written off, etc. at this point...However, the 3 RE focused CPA's I've visited with want $5,000 annually for a couple hour sessions a year and a few recorded classes and other resources, which does not include tax preparation. 

Working with a CPA ensures you are fully prepared and equipped to take advantage of the latest updates.

& there are many brokerages out there and usually if there is a lot of training, commissions will be reduced which you should be prepared for that since you are a newer agent.

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

Part of that work should have been taking all the calls, doing all the showings, providing professional advice on the presentation and preparation of your home for the listing.

An LLC would be useful for  banking, accounting and tax return preparation.

A ttiel company will prepare lots of other documents to sign at closing and usually there will be an application and an appraisal. 

These resources provide you with step-by-step instructions and tested strategies that have worked for others.

Replacing three 10,000 gallon tanks (hi-test, regular, diesel) can run $150,000.  

I'm testing RentPrep and used it for tenant screening.