Are there any gotcha's I should be aware of? I am DIY installing a mini-split in our garage game room conversion that costs about $2400 and want to expense the entire purchase. 'Essentially, this IRS provision allows you to immediately deduct (expense) the full cost of tangible property or repairs up to $2,500 per item, rather than depreciating those costs over several years as capital expenses. For an STR owner, this is incredibly useful when furnishing a new property or performing upgrades. Instead of "recovering" the cost of a $2,000 sofa over five or seven years, you take the full $2,000 hit against your income in Year 1. This lowers your taxable income right away, keeping more cash in your pocket for the next project. To leverage this, you must have an accounting policy in place at the beginning of the year stating you expense items under this threshold and formally "elect" the safe harbor on your tax return."

Hi all! For my already-operating Airbnb short-term rental, can the cost of paying someone to build me a basic, template-based direct booking website before the end of the year be 100% expensed as an ordinary and necessary operating expense on my 2025 tax return, or does it need to be capitalized and amortized? Also I was curious as to the group’s thoughts/experiences on what it typically costs to have someone build a basic direct booking website - $1000, $2000, or more?? Currently reaching out to someone who builds websites for a quote and I want to have an idea of what is reasonable. Thanks in advance! 🤓

Recordings are up! Top investable Markets for 2026 with Kenny Bedwell - Cyber Monday Recordings · 🏠 Lower Taxes w/ Ryan Thanks everyone for making this happen. We set a platform record for longest webinar on SKOOL. 12 HOURS AND 22 MINUTES! 9-10 Emile Sakhel How to outperform the competition during different Booking Windows 10-11 Shane Seo Creative Financing for SFH, Multifamily, & More 11-12 Joshua Baldovino How content and community can help you scale from Single family homes to 100+ unit apartment complexes 12-1Ryan Bakke 5 or 7 Tax Strategies before Year End 1-2Brenna Carles Know what you qualify for and your best loan match 2-3Patryk Swietek Build a 150-Unit Luxury Cohosting Portfolio 3-4Alexis Toledo How to use the infinite banking concept to buy real estate 4-5Katie Johnson The 7 Legal Mistakes STR Owners Make — and How to Avoid Them in 2026 5-6 Jeremy Werden Make Your First $10k in cohosting. 0-5 Listings 6-7Brennan (Budgetdog)3 Important Wealth Vehicles Outside of Real Estate 7-8Parker Borofsky How to find the best financing options in 2026 8-9Kenny Bedwell Top investable Markets for 2026