Yes:- file state tax extensions if you have state income tax- make estimated state tax payments- file amended 2018 returns if needed, unless you filed a 2018 extension in 2019-  make1st quarterly estimated payment towards your 2022 taxes- adopt a dog from your local shelter

I do live in a lower-income area that is now up and coming (more job opportunities, more infrastructure being built, local amusement parks, close to city, etc).

Looking to do a 1031 exchange into something that maximizes income.

I’m in sales so my income can very month to month.

Remember that securing bank financing for people with 1099 income is really tough. 

What is the income requirements for a cash-out refinance on a property?

In today's real estate market, several effective investment strategies include:Buy and Hold: Acquire properties for long-term rental income and potential appreciation.

Larger investors (20+ rentals, multiple partnerships, starting syndications, foreign income) can definitely benefit from larger CPA firms with a higher price tag. 

But if you're Househacking then you need to take away the income for one of those units because you'll be living in that unit.I don't see water, sewage or garbage either. 

Thanks for the responses everyone, the confusing part to me was if I use the deductions against active income year 1 since STR's are an active business, but then switch to LTR's year 2 which correct me if I'm wrong can't count against active income- if this in some way has a disadvantage with recapture, etc. since the STR business would no longer exist