Short Term Rental Loophole Tax Savings

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The Short Term Shop

Pricing & Profitability
beginner
Tax Strategy
Profitability

Summary

This video discusses how W2 earners can potentially save on taxes by using losses from a short-term rental property to offset their income. It emphasizes the importance of meeting material participation rules and consulting with a CPA to ensure proper implementation, particularly regarding cost segregation and accelerated depreciation.