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Summary
This video presents a host's experience of leveraging the STR tax loophole through cost segregation to achieve substantial tax savings on a short-term rental property. He bought a STR cabin in 2021, used cost segregation to accelerate depreciation, and qualified for the STR tax loophole by materially participating in the management of the property. This resulted in significant tax deductions against his active income and increased cash flow, demonstrating how STRs can build generational wealth.
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Curated by Learn STR by GoStudioM