., Rental Properties):No Active Business Operations: If you own a rental property that generates passive income (e.g., rent), it typically does not require you to register as a foreign entity in the state where the property is located.

As a hard money lender operating in the Central Florida area, including Tampa, I can tell you that the market here remains strong, with plenty of opportunities for savvy investors.Tampa's real estate market has been quite active, with demand still high, especially in desirable neighborhoods.

Sorry to hear they have been difficult to deal with but glad to hear you're taking a pro-active approach. 

These are expenses incurred before your business is active, and they typically aren’t immediately deductible in full, as they are considered part of starting the business rather than ongoing operational costs.To provide more detail, according to IRS rules (as seen in the screenshot), you can deduct the lesser of $5,000 or your total startup expenditures.

I have been actively looking primarily in the Virgin Islands and Bahamas for properties that are ideally within the budget I would like.

Mindset is key and just know that this is a business and you would be actively seeking clients and every day you wake up your working for the paycheck you receive in 30-60 days.

That would be my focus and I would actively go after them.

I'm actively using Hospitable, but it's becoming limiting as our company grows, and we've surpassed 25 properties.What interests me the most is a seamless connection to Booking/Airbnb and reports on the owner portal.

I'm always open to S8 tenants but I'm not actively seeking them.

Flipping is not a passive investment…it’s  actively running a business (and often with many unexpected headaches).