STR 03: How to Stay Clear of Uncle Sam with Must-Know Tax Court Cases for Short-Term Rentals
In this episode, Brandon and Thomas explore various tax court cases that involve short-term rental properties and their key take-aways. Short-term rentals are important because many taxpayers want to offset their W2/active/ordinary/non-passive income with real estate losses. If done properly, short-term rentals can offset directly against this ordinary income without the real estate professional status. — Here are 3 ways to get involved: 1: JOIN OUR FACEBOOK GROUP / taxsmartinvestors If you haven't joined the Tax Smart Real Estate Investors Facebook community, you need to jump on it ASAP! You'll get details on exclusive Live Q&As that I'm doing, updates on everything tax and accounting, and early access to events and content. 2: FREE TRIAL OF OUR NEWSLETTER https://hubs.ly/H0-r1Tf0 Interested in getting our premium Tax Strategy Newsletter every Tuesday? It breaks down the nuances of real estate investor taxation in an easy-to-read manner and contains investor tools and presentations. 3: WORK WITH US https://hubs.ly/H0-r1Tf0 Interested in working with our accounting firm at The Real Estate CPA? We are a boutique CPA firm providing advisory, tax, and accounting services to real estate investors and business owners across the U.S. Let's connect: Facebook: / realestatecpa LinkedIn: / brandonha. . Twitter: / therecpa Podcast: https://www.therealestatecpa.com/podc... Website: https://www.therealestatecpa.com/ Subscribe to our Tax Smart Investors Newsletter for exclusive content and tax updates: https://share.hsforms.com/15hwWMEKzTB... Music: Creative Minds from Bensound.com
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