With Real Estate Professional (REP) status, you can apply cost segregation and bonus depreciation to long- and mid-term rentals — not just STRs. Here’s how high-income earners unlock major tax savings.
Just bought your first short-term rental? This guide, built on insights from WCG Inc’s tax experts, shows how to stay IRS compliant, use the STR loophole, and turn your property into a wealth-building machine.