Hi,I’m at a crossroads with a startup idea I’m passionate about and could really use some advice from this knowledgeable community.I’m currently working on building a platform aimed at revolutionizing the way we approach real estate investment.

Another consideration would be to look at it as a start-up expense if it's regarded as a trade or business (can deduct up to $5,000 immediately for eligible start-up costs).

. $199 start up fee, $350 fee to write a lease. 1 months rent ($2500) to find a new tennant. $350 to renew and existing lease.

Let the start-up PM's who get all in aww over a portfolio run themself bankrupt trying to service Mein Fueler, because you know that's what's going to happen. 

No-one is successful (outside of occasional tech start-ups) on revenue, especially when you are talking about real estate, a highly leveraged industry, and hospitality, a fairly low margin service industry.  

Can I calm/deduct start-up cost for this property if i add it to an exciting LLC which already holds my first rental or what that expense be considered "operational cost".

I'll incur start up cost setting up my STR; like furnishing my STR. 

Hey Everyone, I am working on a meetup and a place to talk about REI. Please message below if your interested and we will get something set up. Free no charge meetup just good friends and networking. 

I am looking to learn more about the Tri-cities area in Washington and possibly start up a relationship with a realtor that focuses on working with investors.

Start-up costs are always higher because you have to furnish the rental.