Artwork
iconShare
 
Manage episode 486953059 series 2602846
Content provided by Airbnb Superhosts Annette Grant & Sarah Karakaian, Airbnb Superhosts Annette Grant, and Sarah Karakaian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Airbnb Superhosts Annette Grant & Sarah Karakaian, Airbnb Superhosts Annette Grant, and Sarah Karakaian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

You’ve heard whispers of a short-term rental tax loophole that can save hosts big money—but is it real? And more importantly, does it apply to you?

In this episode, we're joined by Amanda Han, CPA and tax strategist, who breaks down exactly how short-term rental owners can legally reduce their tax burden without qualifying as a real estate professional. Amanda walks us through the difference between material participation and real estate professional status, how to track your hours, and how to avoid some of the most common mistakes hosts (and even CPAs!) make when trying to claim this benefit.

We also talk about:

  • How short-term rentals create tax losses even when they cash flow
  • What actually counts toward your material participation hours
  • Whether midterm rentals qualify (spoiler: not usually)
  • Common write-offs hosts overlook—and how to structure your finances to make the most of them
  • When a cost segregation study makes sense (and when it doesn’t)
  • How to find the right tax professional for your STR business

This episode is a must-listen if you own, co-host, or are considering investing in a short-term rental and want to keep more of the money you’re making.

Resources:


Mentioned in this episode:

Hostfully | Go to https://www.hostfully.com/tfv and use TFV500 to get $500 off your subscription.

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

  continue reading

501 episodes