yes, i knew the work part. just wanted to understand the staying in it even if paying full price. not a deal breaker for me, just need to figure out where to roll my money into to use it The IRS says you cannot get personal benefit from the investments.

So most likely a 1031 would not benefit you at all.

Does said person have to pay monthly fees for MLS access for this benefit?

The benefit of getting my license was of course, getting access to non-public information, but also getting paid on my own deals.

You can't get the benefits of substantial writeoffs and being lendable.

The more relationships and marketing channels you build will only benefit you in the long run.

I've been looking to expand in a way that will both benefit the construction side of the business along with growing in a newer space of business.

Do I need an LLC in order to claim tax benefits for STR?

Interestingly my current CPA mentioned that i don't get much benefit of depreciation is that in San Diego based on my previous filing based on Turbotax the land value is lesser then the total cost of the building so not getting much depreciation benefit.

There are a lot of tax benefits not to do that or to wait until you're done with owner occupying all together.