Comment “SMART” and I’ll show you how I did it step by step 👇 #realestateentrepreneur

Summary

The creator shares how they purchased a short-term rental for $718,000, conducted a cost segregation study which identified $156,946 in bonus depreciation, and deducted over $200,000 in Year 1 from depreciation, mortgage interest, and operating expenses to save over $50,000 in taxes while building their STR portfolio. The key is to materially participate (500+ hours/year) to write off the loss against W-2 income, avoiding passive categorization.