Quote from @Michael Baum: Hey @Kanika Jain, so Las Vegas can be a real difficult place to have a STR.

If your property is in an S Corporation the "distribute" or "sell" or "fixing cost" of the property might impact your tax situation.

I would suggest to try some local real estate meetup groups.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I am a full time real estate professional and my spouse as a state employee W2 paid job.

I’ve made some valuable connections here and picked up a lot of helpful advice from the forums.I’m an investor and real estate agent in the Grandstrand area, so we might even have opportunities to help each other out in the future.

I currently own a SFH in Staten Island, NY, I am a real estate fanatic ever since I could remember.

“Don’t wait to buy real estate.

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

Sold 4 small properties to 1031 into this large triplex.