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232. How to Determine The Average Period of Customer Use on Multi-Unit Properties

Tax Smart Real Estate Investors Podcast

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The Short Term Rental Loophole

If the period ends in the taxable year, or if it includes the last day of the year, we have to take into account that entire stay. There is actually a one court case in particular, and it was Michael G Moreno V USA. The math makes it impossible to be able to hit that short term rental exception by getting down to average days of seven or less.

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