Seems simple but almost everyone who posts in these forums about LP or JV investments that go bad can't even verbalize what they invested in. 

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

I personally don't care if people are rude or have an attitude or even if they complain.

I will use the 2 weeks off I have every month to researchI have owned a rental property in the past and it was extremely lucrative for me, and I didn’t even know what I was doing then haha! 

I would recommend finding a real estate cpa even for one property.

We're relatively new STR owner/operator in Highlands and have been very pleasantly surprised with demand even outside the peak summer season.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

If anything they are even more reliable.

I don't understand this topic very well so looking for a connection to a good real estate focused CPA to help with my filing.LLC does not change your taxes, and it's even possible that cost segregation does not.