The Short Term Show Why Every Short-Term Rental Investor Needs a Tax Strategy with Yonah Weiss
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Jun 4, 2025 Yonah Weiss, an expert in cost segregation and beloved by real estate investors, unveils powerful tax strategies for short-term rental owners. He discusses how cost segregation studies can accelerate depreciation, boosting cash flow significantly. Yonah highlights crucial aspects like navigating bonus depreciation, understanding recapture tax, and leveraging 1031 exchanges. He emphasizes the necessity of working with a real estate-focused CPA, ensuring investors can maximize their tax benefits while avoiding potential pitfalls. It's a must-listen for savvy property owners!
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Cost Segregation Explained
- Cost segregation breaks property value into components with faster depreciation schedules.
- This accelerates tax deductions, increasing cash flow in early ownership years.
Who Benefits from Cost Segregation?
- Anyone can do a cost segregation, but only those meeting material participation rules benefit fully.
- Self-managing short-term rentals can use depreciation to offset active income like W-2 earnings.
Land Improvements Boost Benefits
- Properties with more land improvements gain greater tax benefits from cost segregation.
- Exterior features like pools and landscaping can depreciate faster than building structure.
