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Updated almost 6 years ago on . Most recent reply

Adam Harper's profile image
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Adam Harper
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 19, 2018
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Adam Harper's profile image
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Adam Harper
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 19, 2018
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Adam Harper
  • Rental Property Investor
  • New York, NY
7
Votes |
64
Posts
Short-Term & Vacation Rental Discussions

Short Term Rental Tax

Adam Harper
  • Rental Property Investor
  • New York, NY
Posted

Hi all, If I start a STR full-time -- purchase a property solely for STR purpose and set it up as a business -- Can I claim lost at yearend if I don't make profits? In other words, if I don't make enough to cover my mortgage can I claim my lost in my tax return? Thanks in advance.

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Julie McCoy
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  • from Sevierville, Tennessee
  • Member since May 22, 2015
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Julie McCoy
  • Real Estate Agent
  • from Sevierville, Tennessee
  • Member since May 22, 2015
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  • Real Estate Agent
  • Sevierville, TN
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  • Real Estate Agent
  • Sevierville, TN
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