Make sure that the firm you talk to is also competent in tax optimization as the structure needs to meet both asset protection and tax optimization at the same time.

Without seeing a link to your property it's hard to provide specific advice, but generally speaking it sounds like you need to "optimize" your STR listing.To boost your activity I would do a few things:1.

I'm interested to hear about this due to rate hikes and optimism in the real estate world coming in the year ahead! 

Mastermind Groups are optimally no more than six regular members.Where are you?

Even if you can't use the full bonus depreciation in 2022, the tax savings could still be impactful in future years.It's great that you’re planning to work with a real estate-specific CPA, as they can help ensure you're compliant and help optimize your strategy for future tax savings.

If so, what areas are optimal for a good cash flowing rental (minumum vacancy rates)?

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.

Just make sure to document how you arrived at the land value in case of IRS inquiries.If you’re unsure or want to avoid any red flags, consider consulting a tax professional to ensure you’re compliant and optimizing your depreciation. 

It's best to consult some pros who can look at your overall financial picture and advise you on the optimal structure.

All of the part time, or one-off STR owners just don’t have the same experience to achieve actually optimized STR results.