The Short Term Show How to Time Your STR Strategy for Maximum Tax Savings with Barbara Schreihans
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Jul 23, 2025 In this engaging discussion, Barbara Schreihans, founder of Your Tax Coach, spills the secrets on maximizing tax savings for real estate investors focusing on short-term and mid-term rentals. She highlights how to harness the short-term rental loophole and when to transition to mid-term rentals for optimal advantage. Barbara shares practical audit-proofing strategies, common tax prep pitfalls, and the significance of choosing the right tax professional. Tune in for insights that could transform your real estate investment approach!
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Real Estate’s Dual Advantage
- Real estate investing offers dual benefits of wealth building through appreciation and tax savings through depreciation.
- Other tax-saving methods lack the asset-building advantage that real estate provides.
Agent Fired for Poor Guidance
- A client fired their agent for pushing a property unsuitable for their short-term rental goals.
- This shows the importance of working with vendors who understand your specific real estate investing needs.
Strategic Rental Timing
- Flip between midterm and short-term rentals based on your income year to maximize tax benefits and reduce management stress.
- Use short-term rentals when you need more depreciation and midterm rentals when you want less hassle.
