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Patrick McMaster
  • Wilmington, DE
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STR CPA or Tax Preparer

Patrick McMaster
  • Wilmington, DE
Posted

Purchased a short-term rental in Maryland in June, but live in Delaware, work in PA. Looking for a CPA or tax preparer that is well versed in the STR loophole and cost segregation. Having a very hard time finding anyone. Any help is appreciated. Thanks!!

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Paul Sandhu#5 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
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Paul Sandhu#5 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
Replied

Use any CPA and treat it as normal income.  There is no reason to use fancy terms like loophole or cost segregation.  It may make you appear to be smart, but people can see through that.

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