STR 01: How The Short-Term Rental Loophole Can Save You Thousands in Taxes

Tax Smart Real Estate Investors Podcast · May 4, 2021 · 20m

This is the first episode in our series of episodes to unpack and clarify the tax loophole of short-term rentals. Brandon Hall and Thomas Castelli will walk through all aspects of investing in short-term rentals to reduce your tax liability. Short-term rentals are important because many taxpayers want to offset their W2/active/ordinary/nonpassive income with real estate losses. If done properly, short-term rentals can offset directly against this ordinary income without the real estate professional status. Join our Facebook group, the one-stop-shop for real estate investors to learn about tax…