if anything, the property qualifying to STR may disqualify your deduction if you fail material participation for STR but has REPS from material participation in long term rentals. 

The irony is most investors who form LLC's do not operate them correctly, fail to obtain appropriate types or amounts of insurance coverage, fail to understand their coverage exclusions, take short cuts and don't obtain permits, use unlicensed and uninsured vendors,  fail to execute contracts with same vendors, don't understand the mechanism of additional insured status, indemnification etc. and are actually more prone to claims and conflict with their LLC than the individual who does not own real estate in an LLC but understands these tools I mentioned.

His info isn't magical or unique....its just packaged by an alpha male boasting over his wealthI think 98% of people that do these seminars never do anything... they fail to follow through on actually taking action, so for most its a waste of $$$

And if all fails, I could sell after I graduate, and take the proceeds and pay off my high student loans if needed, or just "level up" to a different asset class when I am in another profession. 

If successful, this move would give the Nordstrom family 50.1% control, while Liverpool would own 49.9%.The first attempt in 2018 failed due to an inadequate offer.

Alton, IL  I think people fail to realize when getting a loan you need income and collateral.

In my opinion you can't fail unless you don't screen tenants correctly, buy in a bad neighborhood, or get over your head with a rehab.

However, after reflection, I realized I was becoming too emotionally attached to my first investment after a 15-year break and faced challenges finding reliable contractors.Update (5/17/23):After three failed contractor attempts, I finally secured a reliable one.

Buyer shall not misrepresent, mislead, deceive, or otherwise fail to adequately disclose to any particular Obligor or guarantor the identity of Buyer as the owner of the Mortgage Loans.

Most guys will watch, some will fail at the first impression and very few will buy her a ring.