I’m based in Fayetteville, NC, and I’m looking to get into buy-and-hold real estate investing.

A real estate company told me the house needs too much work to rent out, and that an auction is the best course of action.

Pair that with going to real estate investor meetups and you will start your journey.

However, the tax treatment differs between short-term and long-term rentals:Short-Term Rentals (STRs): If you materially participate (work 100+ hours and more than anyone else on the property), you may be able to offset rental deductions against W-2 or other active income, offering greater tax benefits.Long-Term Rentals (LTRs): If your AGI exceeds $100K, your rental losses may be limited, unless you qualify as a Real Estate Professional (REPS).If you plan to expand your rental portfolio, consider an LLC later for liability protection and easier management.

Hi everyone,I’m looking to dive into real estate investing and would love some advice.

This is a real estate forum.

I have always been interested in real estate and engaged in BiggerPockets loosely while in college at West Virginia University.

This was my second foray into real estate investing, the previous one being through a “full service” turnkey provider.

Hey Robert, my wife and I are local and she is a real estate broker.

And are there any meet up groups you would recommend joining for real estate investing ?