Ashish from investorfriendlycpa.com explains the difference between long-term and short-term rentals in the eyes of the IRS.
He shares how you can save money on taxes with either strategy and a big tax benefit to owning both types of rentals.
Mentioned on the podcast:
Bonus: How To Save Money With Real Estate Professional Status:
https://podcasts.apple.com/us/podcast/rental-income-podcast-with-dan-lane/id920898575?i=1000539976881
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