Short-Term Rental (STR) Investing and Tax Strategies with Eric Ravenscroft
Short-Term Rentals (STRs) are one of the few ways to gain exposure to real estate as a non-real estate professional while taking advantage of some of the incredible tax benefits that real estate offers. However, getting into the business of investing in Short-Term Rentals can require a lot of work. This week, we're breaking down how to identify STR opportunities and how to optimize their returns with Real Estate Advisor Eric Ravenscroft. We'll also dive into the tax benefits and how to use them to your advantage.
0:00 - Introduction to STRs
4:25 - Optimizing Your Investment
13:00 - Getting Started
16:49 - STR Case Studies
22:09 - Growing Your STR Business
33:51 - Tax Basics
36:27 - Introduction to Bonus Depreciation
37:40 - Cost Segregation Study
38:37 - Leveraging Bonus Depreciation
41:22 - STR Loophole
43:30 - Tax Case Study
This Episode is intended to be financial education only and is not intended to be specific tax, legal, or investment advice. Please consult a professional for specific advice.
The Ravenscroft Group: https://theravenscroftgroup.com/
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