Are There Limits on Losses Using the STR Loophole or REPS?

preview_player
Показать описание
In today's video, Thomas will discuss are there limits on losses using the STR Loophole or REPS?

Please check out our free Short-Term Rental Guide:

Please check out our free Real Estate Professional Guide:

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.

►You can join here:


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.




Follow Us Online Here:

Рекомендации по теме
Комментарии
Автор

Is there a minimum number of nights you need to rent your STR if you are planning to materially participate and deduct losses against your W2 income? For example, if you closed on a property in November/December and you were only able to get it ready in time to rent it for a few nights before the end of the year, would that be an issue?

lacesoutdany
Автор

Do you see investors switching from one real estate professional loss to passive loss on the same properties? As in it seems wise to use REP loss in maybe first 5 years but if your holding past 28 years have some passive losses to offset the depreciation recapture? Am I thinking about that correctly?

hunterdavis
Автор

Business income from a business other than the longterm rental business that you used to qualify you as a REP

davidvermeulen
visit shbcf.ru