In this episode of the STR Investing Podcast, co-host Mark Lumpkin sits down with Lance Morgan, founder of College Funding Secrets, to break down a different way to think about short-term rentals—using them to help pay for college and reduce taxes.

Lance explains how high-income families can reposition college savings, lower “financial aid income” on paper, and use STR tax benefits (bonus depreciation) as what he calls “tax scholarships.” The goal: stop writing big checks for tuition and instead buy an asset that can help cover college costs while continuing to generate long-term wealth.

We also talk about:

• Why the “secret cost of college” can be over $1M when you factor in opportunity cost
• How STR cash flow can cover student loan payments after graduation
• Why income matters more than assets when qualifying for aid
• Creative alternatives like “box houses” and other tax strategy rabbit holes
• Lance’s STR portfolio growth and what he’s building next: Scholarship Houses + Scholarship Vacations

Connect with Lance:

• CollegeFundingSecrets.com
• ScholarshipHouse.com (and ScholarshipVacations.com coming soon)

__

Episode Sponsored By:
STR Search

STR Search is the industry leading property finder service. They've helped investors acquire over 215 profitable STRs across the US. If you'd like the data professionals to help you find your next STR, reach out to STRsearch.com