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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 Benefits of Accelerating Rental Income

Losses that were originally incurred are limited to the amount of rental income. That same rule continues to apply to those losses as they carry forward into featured years. You don't unlock them if your income has been zeroed out from all your deductions. The major downside is that these things could carry forward multiple years If you're not producing a ton of cash flow from your short-term rentals.

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