Hospitable Hosts

Short-Term Rental Investing with a Tax Loophole with Keystone CPA

April 18, 2024 Hospitable Season 3 Episode 6
Hospitable Hosts
Short-Term Rental Investing with a Tax Loophole with Keystone CPA
Show Notes Chapter Markers

This podcast invites vacation rental expert Amanda Han, Tax Strategist and Managing Director at Keystone CPA, to share her insights with Hospitable Hosts on ways that short-term rental investors can save on their tax bills thanks to offsetting techniques and tax loopholes.

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Intro
Tax Write-Offs for Short-Term Rental Investors
Definitions of Short-Term Rental for Tax Purposes
Tax Advantages of Short-Term Rentals
Short-Term Rental Tax Loophole
Cost Segregation for Individual Vacation Rental Hosts
Common Mistakes Made By Short-Term Rental Investors
Does Time Spent in Hospitable Count Towards Material Participation?
What Doesn't Count As Material Participation
Qualifying For Material Participation
Tax Advantages of Holding The Property in a Business Entity
Importance of Tax Planning for Short-Term Rental Investors