I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold  you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also. 

This is platform for professionals and novice investors and you will learn a lot of valuable, hard-earned lessons in a short amount of time.

@Edgar Duarte Selling now under the primary residence exclusion avoids capital gains taxes, allowing you to reinvest the $500K equity in diversified assets like index funds or additional rental properties.

This would allow you to defer the capital gains tax, and instead of taking a large tax hit, you would be able to use the tax to invest in a nicer property/properties.

I am looking to gain mentorship and relationships!

These qualities are far more valuable than the numbers in your bank account.7.Set clear goals.

However, once converted to personal use, you can no longer claim depreciation, and the accumulated depreciation will reduce your adjusted basis, increasing your potential taxable gain upon sale.

At this time the primary goal is passive income and then scale within 5 years as I gain more experience and network. 

My goal is to find off-market opportunities and present quality leads that fit the needs of active investors.Since I’m working remotely, I’d love to hear from experienced investors:What makes a remote bird-dogging service most valuable to you?