Hey guys! I’m Matthew. I’m a proud dad of two awesome teenage boys. I currently reside in Illinois. I’m a real estate investor and I also run a 7 figure contracting business. I'm here to soak up as much as I can about taxes and hopefully make some new friends along the way. Drop a comment and let me know what you do and what market you’re in so we can all get to know each other better and maybe even team up on something down the road. Glad to be here!

- Why do you want to save money on taxes? Not just “to save money” — but what does that money mean for your life? - Where are you right now in your journey? Just starting out? Own rentals? Flipping or doing STRs? - What’s your #1 challenge right now — your “big domino”? The one thing that would make everything else easier?

Hey Ryan, thanks for allowing me in the group. I’ve listened to several podcast and YouTube videos but you summed up the LLC process better than anyone else. I currently have a subto property with two rentals that I bought from my son. I also have another rental I am currently working on to make it an STR. I’ve had the analysis paralysis on the STR but will soon need to put it to work. At least now I can set up the LLC as you laid out. I really need to learn more on the tax stuff for the properties to be sure I am not leaving any money on the table. At the end of the day, I enjoy anything to do with investing and look forward to creating financial freedom for my family.

Hi Everyone, I own and manage a 5-star STR in northern Wisconsin in a resort area. I've been following Ryan and his team since the beginning of my journey. We aren't the typical Ryan Bakke follower... My husband and I left our high-paying jobs to move to the Northwoods to buy and run a resort, but when we couldn't find any that fit our wheelhouse, we switched to lake properties. That was also a struggle as many aren't built to our standards. But we did find one we liked, and after closing, spent 18 months renovating it. We did most of the work ourselves (I'm a creative and my husband is in construction). I currently manage the bookings, cleanings, marketing, guest communication... my husband helps with turnovers and maintenance. We are about 85% direct and booked nearly 100% from the beginning of June through the end of August. Fall is usually 50% occupancy, but the other times (spring & winter) are very low. We have not found another property that cash flows. Since then we've started a caretaking business, a mobile sauna business, and some remodeling/design work to make ends meet. In January my husband took a full-time job to supplement our income. We're about to purchase a local business, likely by the end of the year, that we'll both work at. This is will our main source of income. We have not had good luck with tax preparers/CPAs, even though I thought I was asking all the right questions in the beginning. This year, because of what I learned from Ryan and his team, we amended our 21 and 22 taxes, and 23 & 24 are being finalized as we speak. We hired a capable bookkeeper and I got our current CPA to file Schedule E and reclassify some of our capital investments into shorter lives. I've spent countless hours learning about all of this to the best of my abilities (I'm a creative, so no small task!) and feel good about our progress. But now we're moving into a potentially much higher income bracket and we're ready to really lean in even more! - Why do you want to save money on taxes? Not just “to save money” — but what does that money mean for your life? ••• We want entrepreneurship to look doable to our child (vs. really hard, which is how it appears right now). We want to live in a nice house again. We want to travel regularly. - Where are you right now in your journey? Just starting out? Own rentals? Flipping or doing STRs? ••• See above. - What’s your #1 challenge right now — your “big domino”? The one thing that would make everything else easier? ••• Finding an operator. We're in a resort area, so oversaturated with vacation rentals and lacking capable, trustworthy help. I would like to hand over the reins, but keep the total 5-star experience, something that currently sets us apart from our competition.

Hi Everyone, glad to join a community like this and learn ways to lower taxes and invest in RE. My wife and I live in Portland, we own a long term rental and a STR in Maui ( if you ever want to vacation, hit me..we do direct bookings) and used the STR loophole. Our goal for doing this is financial freedom for us so we can spend time with the kids but also support charities amd people in need around us. Im an engineer by training and love investing in stock market using options for income. Looking forward to learning from the community .