Buying first home, how can I save on taxes?
Hi I am buying my first primary residence this year. The property is outdated, but not distressed. Goal is to gain experience renovating my home first and then start acquiring distressed properties next year for long term rentals. Hoping to rent my home out this year as a short term rental before I live in it full time to save on taxes. Any suggestions on other tax strategies I can implement in this situation?