Owning a short term rental property, such as a vacation home or an Airbnb, can be a profitable venture for many investors. Apart from generating rental income, these properties offer unique tax advantages that savvy owners can leverage to their advantage. One of the key differences between a STR investment and a long-term rental is the possibility of being able to claim material participation with a short term rental investment. This makes the investment active vs. passive, which offers a slew of benefits for those that qualify. However, navigating the complex landscape of short-term rental taxation requires expert knowledge, making the guidance of an experienced accountant indispensable. We encourage you to reach out to a CPA for assistance with your STR investment tax strategy. Here are a few that have experience with cost-segregation, bonus depreciation, and other tax strategies for short term rental investors
Sign in with your email address
Enter your email address
Please wait...
You’re being redirected to the page with listing data.
