STR vs LTR · 🏠 Lower Taxes w/ Ryan

STR vs LTR

Thank you, Ryan, for this group. My husband and I planning to buy rental property late this year or beg next year. We would like to do STR just because of the bonus depreciation for w-2 earners, but we have never done STR and fearful we will have a loss or it will be too much work; if that happens how soon we can covert the property to LTR?

If we go by STR we will need a CPA ☺️

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