Question · 🏠 Lower Taxes w/ Ryan

Question

I have a question about buying property for tax and STR loophole. Let’s say if I have property on hand and buying it with 1.5 M then I just do minimum reno and put for STR to get all possible benefits from this year. Then if I renovate with moderate updates next year then how the tax benefits would work next year from the same property?

Please explain and give suggestions on best way to make profit

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