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Updated about 2 years ago on . Most recent reply presented by

User Stats

16
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6
Votes
Jazmine Menders
  • Real Estate Agent
  • Fort Lauderdale
6
Votes |
16
Posts

How Do I structure my STR business to qualify for as many Tax write Offs as possibl?

Jazmine Menders
  • Real Estate Agent
  • Fort Lauderdale
Posted

Hi All,


I recently just started a Real Estate business specializing in short term rentals in South Florida. I am registered in my state as an LLC. I want to structure the business so that I can write off as much as possible on my taxes, i.e. furniture for staging, supplies for guest, lawn up keep, etc. Any advise or suggestions to how i should go about doing so?

Most Popular Reply

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12,473
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15,206
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,206
Votes |
12,473
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

An LLC is for asset protection. It doesn't give you any tax benefits.

  • John Underwood
  • Loading replies...