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Short-Term Rental Loophole Tax Strategy 

Sharon Winsmith
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In this video I walk you through the short-term rental loophole. This is a great tax planning strategy for anyone managing properties on AirBnB or Vrbo.
⚠️ Exercise caution before using this strategy. Do your own research and make sure you fully understand the risks you are undertaking!
💡 I do not work with clients or offer any consulting services. If you want to learn more about the best tax and investment strategies, subscribe to my channel and check out these courses ▶️ sharonwinsmith...
The information provided in this video is owned by Winsmith Tax LLC and is solely for informational and educational purposes. It is not intended as investment, legal, or financial advice. Always consult with a professional familiar with your unique situation, or conduct your own research before making any decisions. We might receive commissions for recommending certain products or services.

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10 сен 2024

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Комментарии : 2   
@MrEvanforbes25
@MrEvanforbes25 5 месяцев назад
Can a short term rental be both a primary residence for the mortgage deduction and active losses against your W2 income?
@tax-modern
@tax-modern 4 месяца назад
Do you mean if you are renting out rooms in your home? No, this strategy wouldn't work in that situation because your rental losses are limited to your rental income in that situation. But it can work if you have separate "dwelling units", such as if you live in one half of a duplex.
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