Short-Term Rentals- Accurate Reporting & Max Strategy

2 CE Topic
Written By Natalie Kolodij

Summary

Short-term rentals (STRs) have quickly moved to the foreground of social media tax strategies. In this class we will separate fact from fiction with a deep dive into available citations and cases.  With a focus on dispelling misinformation, and guided fact pattern analysis to determine the proper treatment of your client’s properties.

Objectives


Upon completion of this session, you will be able to:

  • Understanding the basics of the short-term rental tax loophole 

  • Identify when a short-term rental should be reported on Schedule E vs. Schedule C 

  • Outline the most common mistakes related to STR taxation 

  • Determine how to treat rentals in-home or personal use of a vacation rental 

  • Summarize depreciation for short-term rentals  

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CPE information


Duration: 100 minutes
Course level: Basic

Natalie Kolodij
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