100 Hours Could Change Your Taxes with Gian Pazzia
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100 Hours Could Change Your Taxes with Gian Pazzia
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Avery is joined by Gian Pazzia, one of the founders of KBKG and a longtime expert in cost segregation, to break down how short term rental investors can use tax strategies to maximize depreciation deductions. Gian explains the difference between traditional depreciation and cost segregation, how the short term rental tax strategy can allow qualifying investors to use deductions against active income, and why properly tracking material participation hours is so important. They also discuss the limitations of real estate professional status, what investors should look for when choosing a CPA or cost segregation provider, and how tools like Track750Tax and CostSegregation.com can simplify the process
Connect with Gian:
kBKG.com
https://www.costsegregation.com/
use code: track750STR at track750.tax
Connect with us:
The Short Term Shop - https://theshorttermshop.com/
https://stsplus.com/
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For more information on how to get into short term rentals, read Avery’s books:
Smarter Short Term Rentals - Buy it on Amazon
Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon