I've been researching this quite a bit and am looking into acquiring an STR that I would actively manage and would keep average stay at 7 days or less.

My spouse and I purchased a cabin in November 2023 as a STR and started renting it out in March of this year. 

.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

Never heard of this course or the guy who started it.

I can’t figure out how to search through the app for any topic.

What is the going rate for something like this these days?

I heard about setting up a LLC out of a state that has lower taxes than using your home state which may potentially has higher taxes.

I have looked at some of the mentorship programs out there, but am hesitant because most are preaching the same basics that I'm already familiar with, and more importantly not familiar with the local market of where I live.Would like to create some relationships with wholesalers, realtors, etc., that are familiar with Houston and it's surrounding areas. 

No question is too basic; we’ve all started somewhere, and the more you can absorb now, the better.Wishing you the best of luck on this path!

This way, you avoid triggering a "due on sale" clause.