095. The Mid-Term Rental Playbook

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In this episode, we're diving into tax strategies specific to midterm rental (MTR) properties. We explore a unique loophole that allows MTR investors to offset their active income without needing to qualify as a real estate professional. We discuss the importance of understanding the nuances between short-term, midterm, and long-term rentals, particularly when it comes to tax benefits. We also provide practical advice on how to structure leases, provide personal services, and maximize the tax efficiency of MTR investments. We're covering:

Differences between short-term, midterm, and long-term rentals for tax purposes Strategies for providing personal services to qualify for tax benefits Practical tips for managing and structuring midterm rental properties How to maximize cash flow and tax savings with midterm rentals

Timestamps:

00:00:00 Intro

00:01:32 Qualifying for the MTR Loophole

00:03:20 Providing Personal Services

00:06:45 Structuring Leases for MTR Properties

00:10:04 Tax Implications and Strategies

00:12:20 Balancing Furnishing and Tax Benefits

00:15:07 Tools and Resources for MTR Investors

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► https://taxstrategy365.com/pod-ama

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*None of this is meant to be specific investment advice, it's for entertainment purposes only.