The Tax Loophole That Can Wipe Out $40K (Even With 1 Property) | The STR Scale Show with Mike Reilly | Ep 21

The new Trump-era bill just brought back 100% bonus depreciation and STR owners are about to get a massive tax break. In this episode, we break down exactly how the short-term rental tax loophole works, how you can use it to eliminate 5–6 figures of taxable income, and what rules you must follow to stay IRS-compliant. Whether you own 1 property or manage dozens, this is one of the most powerful tools in your financial playbook. You’ll Learn: • Why this loophole can save you $40K+ per property • The 2 conditions to qualify for non-passive treatment • How cost segregation studies supercharge your deductions • Why co-hosts & PMs can charge consulting fees using this • What to avoid if you don’t want the IRS to audit you Want to directly talk about taxes and how you can make use of the tax loophole for STRs? Just click the link below: https://go.strsecrets.com/podcast?utm_source=Podcast&utm_medium=Captivate&utm_campaign=T021&utm_content=Taxes 00:05:08 – Powerful Tax Strategy to Slash Your Income 00:06:01 – How One Property Saved Me $92,000 in Taxes 00:09:02 – Must-Know Criteria to Unlock STR Tax Benefits 00:09:11 – Track This or Risk Losing Your Tax Deductions 00:10:16 – Use It Wrong, Lose It All 00:12:03 – Avoid This Common Mistake with Friends and Family 00:13:04 – How to Legally Save $40,000 with Depreciation 00:16:06 – Transform OK Deals Into Great Ones 00:17:17 – A Brilliant Offer Property Managers Should Use Get FREE Access to our Community and Weekly Trainings: https://group.strsecrets.com