If everyone is truly active, it is now a joint venture and you can have a local real estate attorney form an LLC for you (which is much less expensive).

I have had one favorite company.

I base these classifications on the economic makeup & activity of each area along with the school districts and migration trends.

I’m active duty Air Force with four properties.

I've sent an invite to Elliot but I don't how active he is in here.

Since you are an active service member the IRS will allow you to have lived in the property for two out of the previous ten years of owning it. you'd just want to verify with your accountant that you qualify for these extensions.Since you converted the property to investment, you may also take advantage of doing a 1031 exchange when you sell.

I would love someone who is an active real estate investor and is trained in tax strategy (not a requirement but the more first hand knowledge the better) Anyone got any recommendations for me?

A few tips to build it faster:1) Attend local real estate meetups and networking events—Houston has an active investor community, and BiggerPockets is a great place to connect with others before meeting them in person.2) Join Facebook groups and other online forums for Houston real estate investors.

It applies to both W-2 income and other forms of active and passive income, meaning that the STR loophole allows you to leverage depreciation beyond just real estate activity.3.

When I was a more active buyer, in my area I did similar deep dives into the HUD/REO markets and courthouse sale data based on Substitute Trustee filings.