You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

My thought was that it would be best if she does the primary STR work and log her hours and ensure that she spends more time on the STR than I do (at least officially logged hours... since I will most likely always be thinking about the STR... haha). 

With REPS, if you hit 750 hours and spend more time on real estate than any other job, those paper losses can offset regular income, which could mean huge savings.

Yes, as long as you're filing jointly, you can combine the time and activities both you and your wife spend managing the rentals to meet the material participation requirements.

I have $10,500 to my name and want to invest it and put my money to work; however, I don't mind spending a few dollars on a reliable course or towards my financial education.

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

. - 2022-2023 I let my spending get out of my natural comfort zone. - 2024, I’ve been retraining myself to focus on saving & budgeting.Any helpful tips to help balance this?

The time you spend could save you a full point. 

One area I am going to spend more time evaluating is the new ADU law in Mass.

Our son just left for Europe for 3 years with the Navy, good excuse to go back and spend more time over there.We are starting one town at a time streamlining our operation.A.