And of course, take advantage of the tax benefits along side my current business income.Viability of the idea?

I have noticed competitors charge as low as 10 to 15% but their quality isn't the best and then I have seen others charge 25 to 30% We remain in the middle and provide a small business experience with super host status.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

I was conducting an extremely seasonal business and after 8 years of operation the business was insolvent. 

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

My business partner and I have a monthly fix/flip forum we hold in Scottsdale and mainly just work with flippers/investors. 

.: Found mine while attending a real estate/small business tax conference.  

I would avoid this business model.

Hi Everyone, Currently, I have my flip business in Saint Louis.

Here is what the IRS says on the subject: Election for Husband and Wife Unincorporated Businesses A business owned and operated by the spouses through a limited liability company does not qualify for the election Only businesses that are owned and operated by spouses as co-owners (and not in the name of a state law entity) qualify for the election.