Originally posted by @Matt Lawrence:Originally posted by @Jay Hinrichs:Originally posted by @Matt Lawrence:Originally posted by @George Munoz:I  reached out to them couple of week ago , thanks for posting this,, didnt release any info, but established connection ..   

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

I have not done it personally but have some insight, maybe my reply may boost your post to someone with more experience in it. 

Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).  

these rules came in Post Dodd Frank so yes many of us did this for decades BEFORE Dodd Frank changed it all.

It'd be like a content creator only using Instagram and ignoring YouTube, Facebook and TikTok.

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

Every day I mark how many calls to leads I made, how many people I contacted (and was it email, call, text) from my database/past clients....how many social media posts I answered or made, etc.I don't know if that's automating, but every week I can quickly see how much of each money generating thing I did.Do you use Google Calendar? 

I now live back in CA, and my portfolio runs fully managed, but getting there took a lot of legwork upfront.A few things that stood out from your post:•If you’re focused on appreciation over cash flow, you’ll want to be highly selective in Detroit.

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.