Insight
The bill reinstates full bonus depreciation through 2029, allowing immediate expensing of assets like appliances and renovations.
How Trump’s One Big Beautiful Bill Impacts Short-Term Rentals
Summary
President Trump's 'One Big Beautiful Bill' introduces tax changes impacting STR hosts. The bill reinstates full bonus depreciation through 2029, and offers a permanent 20% QBI deduction for LLCs/S-Corps. Hosts can leverage these changes to boost cash flow, upgrade listings, and expand. Local regulations remain crucial; stay updated!
Key takeaway