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๐Ÿ  Lower Taxes w/ Ryan

1.4k members โ€ข $1/year

1 contribution to ๐Ÿ  Lower Taxes w/ Ryan
Tax Planning for 2026-STR focus
Hello! My 1st airbnb projects to make 50-60K in revenue this year. However, I wonโ€™t be able to write off all the expenses from running this airbnb to help offset this income (no benefits doing cost seg based land/ property value, also cannot claim full expenses just based on the model Im running- I spoke to Mason Kimball about this) So I am planning to obtain my second unit soon. it will likely be out of state. My current business is in CA. Not sure if Iโ€™ll be qualified to purchase another one (due to student loan, current mortgage on the 1st one), so Iโ€™m thinking of airbnb arbitrage. Will the expense from the arbitrage unit help me offset the income from my business in CA this year? What would be the entity structure that will allow be to do so if the arbitrage unit is out of state? Thanks in advance! ๐Ÿ˜Š
0 likes โ€ข 9d
For business structure, do I need an out of state LLC for the arbitrage units? Then do I put my CA LLC and out of state LLC under a WY holding company? Or can I just file my CA LLC as a foreign LLC in the other states to do arbitrage there?
1 like โ€ข 8d
Thank you @Mason Kimball, CPA
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@anna-tran-7481
Anna

Active 4h ago
Joined Feb 5, 2026
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