Hi all, Rati & Shaun here- newbies! 🐋 Why do you want to save money on taxes? Not just “to save money” — but what does that money actually mean for your life? For us, it means building something bigger than just income. It means putting money away for our kids’ future, creating real financial freedom, and stepping out of the constant pressure and burnout that comes with demanding careers. It means getting our time back — being present, not just busy. 🐙 Where are you right now in your journey? We’re at the beginning stages — but moving with intention. We have one LTR in the works and another on the way. My husband brings experience with flips and long-term rentals, so we’re building on that foundation and scaling strategically. 🏖️ What’s your #1 challenge right now — your “big domino”? Right now, everything hinges on two things: - Making sure we qualify for REPS status this year - Finding the right property that works as an STR If we get those pieces right, everything else starts to fall into place.

I'm happy to have joined this community. STR owner. I love to learn & I'm interested in max tax savings so I can use the funds towards another investmentproperty!

Hi, I was just watching some of the instructional videos and saw the one about setting up an LLC. I just want to clarify something. If you’re a married couple, is the advice that the LLC should only have a single member of the married couple? What of the property is owned by both spouses? Could that pose an issue for transferring the property to the LLC?

Been here a while but never posted my intro post! • Why do you want to save money on taxes? Not just “to save money” — but what does that money mean for your life? Hoping to retire from my W2 earlier than originally planned so I can spend more time with my family. • Where are you right now in your journey? We purchased our first STR in the Smokies, October of last year! I am hooked and hoping to purchase our second at the end of this year or next year in a beach market — looking specifically at PCB right now. • What’s your #1 challenge right now — your “big domino”? The one thing that would make everything else easier? Definitely feel like there’s so much I can learn from this group. I have questions around entity structures and LLC creation especially now that I’m trying to learn more about co-hosting. Excited to learn more from this group.

1) Why do I want to start saving money on taxes? Whenever I look at my husband’s paystub and see all the tax deductions, it feels like missed opportunity. I know that money could be working harder for our family, and I’m ready to be more proactive and educated about tax strategy. 2) Where am I right now in my journey? We bought our first STR in June, and it’s off to a strong start with solid performance and positive guest feedback. I’ve been planning this move for years, so actually executing has been exhilarating. 3) What’s my #1 challenge right now? Letting go of perfectionism and trusting action over overthinking.