Louis resident, active investor, and licensed agent working with the top investment brokerage in the metro area.

Said they sold the property, so I checked the mls and still shows active, 183 days after listing.

Do you have anything in your lease preventing "commercial activities" in the rental?

I am in search of a reliable CRM system that can efficiently host all my contacts, integrate with Google contacts, provide a robust phone system, and keep track of all my leads, network, and activities.

Hey Brad,One of the ways I've done it in the past is to go to the MLS, find recently sold flips and reach out to the agents/LLC's to see if they're actively looking for more projects.

Then you need to materially participate in the activity, here are the tests to meet MP: https://www.investopedia.com/terms/m/material-participation-...I recommend tracking your hourly diligently in a material participation time log.

While I only have one LLC right now, I plan to expand to multiple LLCs (one for each property).Here’s where I need your help: How should I set up my account to reflect all the real estate activities like rental income, expenses, and distributions?

I am actively seeking mentors in my area who are willing to teach and guide a determined and hard working student.

This is a company that will perform scheduled inspections of your rental property to identify deferred maintenance needs, dubious tenant activities (say, illegal pets, bad housekeeping, failure to change HVAC filters etc). 

Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $1,000,000 in STR Real Estate by the end of the year (as an investment and to offset my tax bill)I'm fairly well versed in the rules surrounding using STR to offset active income.