I Won 5 STR Tax Audits (here's what they asked)

19/05/2025 1h 8min

Listen "I Won 5 STR Tax Audits (here's what they asked)"

Episode Synopsis

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 11,500+ high-level real estate investors► Join here: ⁠https://www.facebook.com/groups/taxstrategyforinvestors⁠In this episode, I sit down with John Bianchi and Taylor Jones to explore strategies for maximizing tax savings in real estate, leveraging short-term rental loopholes, and optimizing return on equity. We discuss actionable insights into material participation requirements, identifying favorable investment markets, and practical examples of tax-efficient property upgrades. The episode also features expert advice on managing financial records and preparing for potential audits.Timestamps:00:00:00 - Intro00:02:15 - The benefits of short-term rental tax loopholes00:10:45 - Material participation: Meeting IRS requirements00:18:30 - Identifying markets for tax-efficient investments00:26:20 - Understanding the importance of cost segregation00:34:15 - How to conduct a return on equity audit00:42:50 - Balancing cash flow and tax savings for portfolio growth00:51:30 - Preparing for audits: Financial records and credibility01:00:10 - Q&A: Common challenges and strategiesInterested in working with me? Apply here:► https://taxstrategy365.com/apply?el=podcastLet's connect!► Instagram: ⁠https://www.instagram.com/learnlikeacpa/⁠► LinkedIn: ⁠https://www.linkedin.com/in/learnlikeacpa/⁠► Twitter: ⁠https://x.com/LearnLikeaCPA⁠► Facebook: ⁠https://www.facebook.com/learnlikeacpa⁠► Tiktok: ⁠https://www.tiktok.com/@learnlikeacpa⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.