Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

These are professionals with additional training and a stricter code of ethics.

You may need to guide or provide these types of photos as things you want your professional photographer to succeed. 1.

I learned how to maintain a home, work with real estate professionals, contractors, interview prospects, etc.

Just be sure to use this information responsibly.Networking with Local Professionals: Build relationships with property managers, title companies, and real estate agents who might already have insights into the non-owner-occupied market.By leveraging these tools, you can gather reliable data and streamline your search for investment properties.

These are professionals with additional training and a stricter code of ethics.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

And the Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process.