Short Term Rental Secrets Podcast

The Tax Loophole That Can Wipe Out $40K (Even With 1 Property) | The STR Scale Show with Mike Reilly | Ep 21


Listen Later

The new Trump-era bill just brought back 100% bonus depreciation and STR owners are about to get a massive tax break.

In this episode, we break down exactly how the short-term rental tax loophole works, how you can use it to eliminate 5–6 figures of taxable income, and what rules you must follow to stay IRS-compliant.

Whether you own 1 property or manage dozens, this is one of the most powerful tools in your financial playbook.

You’ll Learn:

• Why this loophole can save you $40K+ per property

• The 2 conditions to qualify for non-passive treatment

• How cost segregation studies supercharge your deductions

• Why co-hosts & PMs can charge consulting fees using this

• What to avoid if you don’t want the IRS to audit you

Want to directly talk about taxes and how you can make use of the tax loophole for STRs? Just click the link below:

https://go.strsecrets.com/podcast?utm_source=Podcast&utm_medium=Captivate&utm_campaign=T021&utm_content=Taxes

00:05:08 – Powerful Tax Strategy to Slash Your Income

00:06:01 – How One Property Saved Me $92,000 in Taxes

00:09:02 – Must-Know Criteria to Unlock STR Tax Benefits

00:09:11 – Track This or Risk Losing Your Tax Deductions

00:10:16 – Use It Wrong, Lose It All

00:12:03 – Avoid This Common Mistake with Friends and Family

00:13:04 – How to Legally Save $40,000 with Depreciation

00:16:06 – Transform OK Deals Into Great Ones

00:17:17 – A Brilliant Offer Property Managers Should Use


Get FREE Access to our Community and Weekly Trainings:

https://group.strsecrets.com

...more
View all episodesView all episodes
Download on the App Store

Short Term Rental Secrets PodcastBy MICHAEL SJOGREN

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

117 ratings


More shows like Short Term Rental Secrets Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,740 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

828 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

425 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

615 Listeners

Thanks For Visiting by Airbnb Superhosts Annette Grant & Sarah Karakaian

Thanks For Visiting

583 Listeners

Short Term Rental Riches by Tim Hubbard

Short Term Rental Riches

138 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,827 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

325 Listeners

The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

The Short Term Show

449 Listeners

On The Market by BiggerPockets

On The Market

903 Listeners

Bill Faeth Unfiltered by Bill Faeth

Bill Faeth Unfiltered

100 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

1,014 Listeners

Short Term Rental Management by 8 Figure Airbnb and Short Term Rental Real Estate Investor Luke Carl

Short Term Rental Management

293 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

851 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners