Ep 221 - Expert STR Tax Strategies with Amanda Han

Learn how to maximize your short-term rental profits and minimize your tax burden with expert advice from Amanda Han. In this episode, we'll dive deep into the latest tax strategies, deductions, and best practices for STR investors. 01:10 - Guest Introduction: Amanda Han's Tax Expertise 02:25 - Maximizing Real Estate Tax Advantages 04:50 - Understanding the Short-Term Rental Tax Loophole 06:30 - Depreciation: A Game-Changer for Real Estate 08:45 - Breaking Down Bonus and Accelerated Depreciation 11:00 - Leveraging Tax Savings for Portfolio Growth 13:15 - Simplifying Material Participation Requirements 15:00 - Strategic Planning for Year-End Tax Benefits 17:25 - Cost Segregation Studies Demystified 19:40 - Tackling Misconceptions About Tax Strategies 21:50 - Educating Syndicators on Tax Optimization 24:10 - Key Questions to Ask When Hiring a CPA 26:30 - Turning Tax Complexity Into Clarity 28:45 - Short-Term Rentals as a Wealth-Building Tool 31:15 - Navigating Tax Planning for High-Earners 33:00 - The Power of Tax Planning for Generational Wealth 35:20 - Implementing Tax-Efficient Investment Strategies 37:45 - Understanding Tax Laws for STR Professionals 40:00 - Strategic Partnerships for Real Estate Growth 42:30 - Overcoming Common Tax Pitfalls 45:00 - Final Advice for STR and Real Estate Entrepreneurs Guest Bio: Amanda Han is a CPA and tax strategist who specializes in helping people use real estate to save massive amounts in taxes and keep their hard-earned money. As founder of Keystone CPA, she educates investors on how to maximize tax write-offs, legal entity strategies, tax-efficient ways to access profit, how to use 401 (k) money for real estate, and much more. She is the author of the highly rated book Tax Strategies for the Savvy Real Estate Investor and has been featured in prominent publications including the Forbes Finance Council, Money Magazine, Talks at Google, CNBC’s Smart Money Talk Radio as well as the BiggerPockets podcasts. Today, Amanda has helped thousands of investors nationwide to save on taxes with proactive tax planning. Connect with Guest: https://www.instagram.com/amanda_han_cpa/ Get FREE Access to our Community and Weekly Trainings: group.strsecrets.com