Short-term Rentals - Important Tax Facts

[Bonnie Griffin Kaake]

STRs can be a bit tricky from the tax filing perspective. Most STR depreciation schedules are not being done correctly and can be low-hanging fruit for the IRS. Let me know if you are interested in getting a recently published Q&A document for CPAs and investors. No cost, we believe an informed investor and informed tax professionals are important in this fast growing area of RE investments. The IRS' Audit Guide for STRs is not the last word. There has been much case law that followed that document.