When I did my first house hack in Columbus I showed very low income on taxes. 

Over two years, I built up 12 doors, which now generate about $100k in net income annually.

Quote from @Dinesh Nair: I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ? 

3) Average income was up 4.5% in 2024.

You can set it up yourself at www.sunbiz.org , which is the website for the State of FL Division of Corporations.

Are you going to pay the corporate tax in California?

If your new LLC is a disregarded entity (single-member or owned solely by you and your spouse in a community property state), it won’t trigger a taxable event, and you’ll continue reporting income on your personal return.

I am seeking mentors and or guides to help me invest in business that can eventually help offset W2 income tax.

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

You have to try to estimate MTR income in your area + take into account the costs associated with MTR setup.