Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing cover image

Ep 101 - How to Be a Tax Smart Investor | with The Real Estate CPAs Brandon Hall & Thomas Castelli

Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing

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The Short Term Rental Loophole

Use the real state professional atus. It's, it's for long term rentals, right? And also, you generally have to work full time in real state in order to use the real stateprofessional status. But the short term rental loophole is for short term rental property. Tis otherways, but basically a it allows you to take those losses, same example i mentioned before, and just use those losses against your active income, without having to work full-time.

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