Convert LTR to STR or MTR in July- Which strategy is best for maximizing tax savings?

[Brian Malavsky]

My LTR tenant moved out end of May and I converted the property to suit MTR and STR strategies. For the sake of this conversation let's say the area is equally advantageous for both strategies in terms of bookings and returns (this is actually the case). I am going live in July and would like to know which strategy can provide the largest tax savings.