Скачать или смотреть Short Term Rental Tax Loophole

I often get asked by big law attorneys how they can reduce their tax bill.

Well, unfortunately, other than contributing to retirement accounts and charitable contributions, there isn’t much you can do to reduce your taxes.

Thanks to a loophole in the IRS tax code, short-term rentals are one of the few ways you can significantly reduce your active income (e.g., W2, K1, S-corp, etc.).

#shorttermrental #taxplanning #biglaw

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SharpEdge Financial is an independent financial planning firm helping Millennial and Gen Z attorneys navigate the complex financial decisions that they face daily. Whether you’re just starting off in Big Law, about to make partner, or considering moving to an in-house role, we can help.

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*This post is for general education only, not financial, tax, or legal advice*