Important point in other states is the legal domain, dealing with tenant or you might hire a management company to handle it for you.

Virtually all of the suburban communities are easily accessed from the city by the CapMetro bus system and Metrorail train, easing the commute to downtown Austin and other large suburbs like The Domain, North Lamar, South Park Meadows and the University of Texas (UT Austin).

So I do the part where I name a property and have the domain name to help people find it.

I was in a depo with a flipper i funded that I had to sue for non performance.. and the his attorney pulls some internet posting about me being some big bad lender and terrible person etc etc and of course had no idea who it was as I dont do business out in the public domain I only do business or fund deals for a very select few who can do volume etc..

I have everything from automated tenant newsletters, property management website, FAQs, how-to videos, home warranties, professional domain email and phone, etc.

Some examples of 2024 expenses:• Startup and administrative costs: LLC formation• Property preparation: Furnishings, appliances, minor repairs, upgrades• Professional services: Consultations with CPAs, contractors• Tech and software: Website domain and hosting, Google Workspace, QuickBooks subscriptionI’ve read IRS guidance on startup costs, but I’m still unclear what falls under it and how it applies when a rental hasn’t begun yet.

Wanderlust Ventures operates under the domain "Hosting Your Stay," which offers full-service property management, including reservations, guest interactions, and maintenance.I conducted a quick search for specific reviews or testimonials regarding Wanderlust Ventures and its operations in property management or short-term rentals.

For instance, in researching your question I found the following government issued document on a California courts website with the domain, ".gov." 

It used to be the domain of only flippers and now we are running across a lot more end buyers due to scarcity in the Northeast 

putting under an LLC, wont' be free of cost either, however important point is to hire an attorney to help you out. it's less of tax more of legal domain, would say.