Тёмный
No video :(

The STR Loophole vs. The Real Estate Professional Status (REPS) 

Tax Smart Real Estate Investors
Подписаться 21 тыс.
Просмотров 1,6 тыс.
50% 1

In this episode, Brandon and Thomas discuss the difference between the REPS and The STR Loophole, how to qualify, and when it makes sense to use each strategy.
If you want to maximize the tax benefits of investing in real estate, this is an episode you won't want to miss!
Learn more about Crystal View Capital: rb.gy/4boh8
Enroll in The Real Estate Professional Status (REPS) Tax Course today and learn how to save 5-6 figures in taxes: www.taxsmartinvestors.com/reps
Become a Tax Smart Insider today and claim your free bonuses today at www.taxsmartinvestors.com/freetrial
Subscribe to our RU-vid channel: / therealestatecpa
Join our Facebook group, the one-stop-shop for real estate investors to learn about tax strategy and stay up to date on changing tax laws:
groups/taxsmartinvestors
To become a client, request an initial consultation from Hall CPA, PLLC at www.therealestatecpa.com/become-client
Follow Brandon on Twitter: @bhallcpa
Follow Thomas on Twitter: @thomascastelli_
The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein - and your interpretation of it - is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

Опубликовано:

 

17 апр 2023

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 7   
@aychkaykay88
@aychkaykay88 3 месяца назад
they 'jump right into the episode' at 4:30
@PittToNYC
@PittToNYC Месяц назад
So if I were to purchase an STR, can the STR loophole unlock losses on other properties you own (for example, I have two small multi-family buildings)?
@marioorozco5344
@marioorozco5344 Год назад
Thanks for the content. I assume you are referring STR loophole to use Sched E. Technically the IRS calls for active participation and 7 days or less to go on Sched C as a Hotel so no loophole needed. Losses are active automatically, you can deduct additional stuff not available on Sched E but profit gets self employment tax of 15%. Could you please clarify that point. Thanks!!
@TheRealEstateCPA
@TheRealEstateCPA Год назад
IRS Pub 527 and 334 both state that unless you provide substantial services, it's reported on Schedule E.
@zdog1566
@zdog1566 Год назад
Can you use the str loophole for a multifamily property where you live in one of the units, and use the other as a str?
@PittToNYC
@PittToNYC Месяц назад
I have the same exact question, except I don't live in my multifamily building.
@OutdoorsAmplified
@OutdoorsAmplified Год назад
Should cover the $25,000 special loss allowance first. That's the most relevant.
Далее
Gelik yoki Velik?
00:20
Просмотров 644 тыс.
Running With Bigger And Bigger Feastables
00:17
Просмотров 25 млн
Why Do Doctors Need Real Estate for Wealth?
34:10
Best Way To Run Numbers on a Rental🏡 #shorts
1:00