Episode Details

Episode 394 - The Tax Strategy STRs Investors Use To Save THOUSANDS Explained

Season 1 Episode 394 Published 1 week, 1 day ago

CONTACT MIKE & KEVIN:

https://www.revotaxpayer.com/

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Chapters

00:00:00 Intro

00:00:23 Meet the guests and discuss the importance of strategy

00:00:58 Timing and planning for end-of-year asset purchases

00:01:27 Debunking myths about bonus depreciation qualification

00:02:24 Active participation and managing short-term rentals

00:03:19 Material participation and management roles

00:04:50 Active involvement without managing day-to-day operations

00:06:14 Qualifying as an active participant in a trader business

00:12:56 Understanding the $512,000 limit and tax law changes

00:14:20 Limits for high W-2 earners and carryforward strategies

00:16:19 Using bonus depreciation and cost segregation effectively

00:20:57 Purchase price allocation and its importance in real estate deals

00:24:02 Passive vs. active rental properties and tax implications

00:27:21 Market environment and negotiating strategies

00:28:15 The importance of proactive planning and expert guidance

00:29:43 Final thoughts on tax strategies and wealth building