If you ever recognize capital gains down the road in another state, they want their cut. 

Move into the triplex for two years and use IRS Publication 523 Sale of a Residence to not have to pay some of the Cap Gains when you Sell.

Since you own the LLC / Land Trust, provided the activities you performed to earn material participation hours meet IRS requirements and the STR meets IRS requirements, then you should be able to offset non-passive income (W-2, 1099, etc.) with losses from this STR. ...

Hi Adelaide, we help out of state investors create passive income with Indy real estate, both commercial and residential.

I am interested in investing in real estate in the DFW area (specifically Denton) with creative financing methods, and I am trying to expand my network of players in the game of real estate.If anyone on here is experienced and willing to share information about getting into this game, connect with me to set up a call so I can ask you questions, and/or collaborate on a deal, as I would love to gain hands-on knowledge and experience as quickly as possible, as well as cultivate trust and relationships that lead to more business and deals in the future.Thank you!

Nonetheless, I'm enjoying this conversation and gaining valuable insights.

I have about $30k that I want to start somewhere with passive investment.

Hey Alex, I met Dustin Heiner this year from Master Passive Income and he was great to talk to!

Even if it doesn’t go well, you’ll gain significant experience.Number 3.  

That is not an issue.the question is how to coordinate the two sales and one purchase. if it’s too complicated, may just pay the capital gain tax.Quote from @Bill B.: You lost all hope at step 1.