If You Make Over $200k You’re Losing $70k In Taxes 💸 #shorts
Summary
The presenter discusses strategies for short-term rental (STR) owners to reduce their tax liability, including purchasing STR properties in strong markets over $700k to maximize depreciation benefits, materially participating in the management of the property by spending 100-500 hours annually and using cost segregation and bonus depreciation methods.
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Curated by Learn STR by GoStudioM