Switching your rental properties to an LLC or electing S Corp status might not significantly reduce your tax burden, as both are generally pass-through entities for tax purposes.

Your investing approach will be determined by your understanding of your goals.Analyze your financial status right now.

I assume then if my tax status is married filing jointly, we are considered one tax payer.

Because they frequently belong to large networks, real estate brokers could be able to connect you with seasoned investors who are willing to mentor you.Investigate social media sites; pay particular attention to real estate-related ones.

Others are relationship driven and originate in other ways through social gatherings and philanthropic endeavors. 

We expect to lose superhost status in April because we had to cancel a booking (my mistake).Thank you in advance for your feedback on my listing...https://www.airbnb.com/rooms/614622614795146757https://www.vrbo.com/2796499Also, the VRBO/AirBnB ranking stats are concerning.

However, the guest does not have a social security number and is looking for a job after entering the country through the green card lottery.

At 100% it makes the decision to keep your property at least 5 years that much more important to avoid recapture taxes. https://www.biggerpockets.com/blog/on-the-market-187 https://twitter.com/bhallcpa/status/1752871966808170841 

Having the S-corp also helps with "real estate professional" status and could potentially give you limited active income for specific write-offs and an ability to contribute to a retirement account.

I am looking for some clarity on the REP status.