Hello all, we are very green in understanding tax strategies for STRs and we're trying to understand how/what STR tax deductions can be captured for primary residences. 

It doesn't take long to learn how to spot a good deal.6.

Unless you have boots on the ground working off-market deals or even the tax auction, I advise extreme caution.

My wife, Brooke Pantlik, manages our 3 rental properties and 4 additional STRs.We are looking to branch out into the multifamily space and are looking for potential partners.Outside of real estate, I enjoy going to the gym, fishing and duck hunting.Excited to learn and connect with you all!

@George RedCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

I believe my experience in the market can be valuable for both buyers and sellers, but I'm also eager to learn more about building a strong real estate investment portfolio.I'm particularly interested in BRRRR strategy, short-term rentals, and multifamily investing.While I sleep, eat, and breathe real estate most of the time, I also enjoy sports (go Vols!)

lesson learned is do not refund before getting paid...At least for the near future. 

This is a horrendous idea for a young person who knows nothing about landlording and pre-supposes you can get a property first.Spend the last time in college learning and going to local meetups.

I would be most worried about finding good lead sources, learning how handle the leads you get, and figuring out how to properly comp / analyze properties . 

Would my mother's portion be affected or are their tax implications for her with this type of transaction?