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216. How Does Personal Use Impact Your Ability to Use the STR Loophole & Other Tax Deductions?

Tax Smart Real Estate Investors Podcast

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The Importance of Renting a Property in a Partnership

If you were to give it away at a charity auction, that would be essentially falling in line with this concept of providing it at a below-fair market rate. So your quote unquote deduction is just claiming one week less of rental income during the year. It doesn't really even help you if you're doing this in off season where you wouldn't have rented the property anyway.

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