REPS Part 3 - The Short Term Rental Loophole
The Legacy Academy por Natalia Ouellette-Grice and Justin Grice
Notas del episodio
What if you could unlock massive tax deductions from your rental property—without qualifying as a Real Estate Professional? That’s the power of the Short-Term Rental Loophole (STRL).
In this episode of The Legacy Academy, attorney and tax strategist Natalia Ouellette-Grice, JD, MBA breaks down one of the most powerful and misunderstood opportunities in the tax code for real estate investors. She explains how the IRS treats short-term rentals differently from traditional long-term properties, allowing investors to convert what would normally be passive losses into active deductions.
Natalia unpacks the material participation rules that make this loophole work—and the critical mistakes that can cause investors to lose eligibility. She reveals why the rule exists (hint: it was originally ...