- Home
- /
- Videos
- /
- Regulations & Compliance
- /
- See you this WEDS to show you how to legally offset tens of THOUSANDS in taxes
See you this WEDS to show you how to legally offset tens of THOUSANDS in taxes
Summary
This video explains how short-term rental hosts can legally offset tens of thousands in taxes through cost segregation studies. The presenter, Bill Faith, highlights that the Tax Cuts and Jobs Act of 2017 allows for 100% bonus depreciation, which can significantly reduce tax liabilities. He emphasizes that this is a legal strategy written into the IRS tax code, but many CPAs may not be aware of it.
More from Regulations & Compliance
Arizona Rep. Bliss's bill regarding short-term rentals has passed, signaling potential changes to the regulatory landscape for hosts in the state. This legislative development could impact operational requirements and potentially the profitability of short-term rental businesses within Arizona. Hosts should stay informed about the specifics to ensure compliance.
Annapolis, MD, is experiencing a surge in short-term rental license applications, indicating increased interest in the STR market. This rise follows efforts to improve compliance with local regulations. Hosts should familiarize themselves with new permit requirements to avoid potential penalties and ensure smooth operations.
This article discusses the construction of more rental homes near transit in Burnaby. The focus is on increasing housing supply near public transportation. While specific STR implications are not detailed, it implies a changing landscape for residential real estate and potentially offers insights into future housing trends that may affect hosts in areas around Burnaby.
Curated by Learn STR by GoStudioM



