Ted Talks Tax Videos
Your Family Vacation Can Change the Entire Tax Result
Personal use can change the tax treatment of a short-term rental. Under the vacation-home rules, personal use above the greater of 14 days or…
1:26The Cost-Segregation Study Should Come Last
Cost segregation can be a powerful depreciation tool, but it should come after the operating and tax fundamentals have been tested. The property still…
1:26No Depreciation Deduction Rescues a Bad Deal
A large depreciation estimate can make a poor real-estate deal look attractive—but the deduction does not change the underlying economics. Before relying on tax…
1:23The Wyoming LLC Is Usually an Internet Solution Looking for a Problem
A Wyoming LLC is not automatically the best entity for a short-term rental located in another state. Real estate is governed heavily by the…
1:29Permission Today Is Not Permission Forever
Short-term rental rules can change after you buy the property. Local governments, condominium boards, and homeowners’ associations may change licensing, minimum-stay requirements, inspections, rental-day…
1:30Your Cost-Segregation Report Is Not Enough
A cost-segregation report does not, by itself, prove a large short-term rental deduction. The booking file should support the average period of customer use.…
1:34The Second Property Is the Real Test
The first short-term rental tests a strategy. The second tests whether the process is repeatable. A mature operating system carries forward screening, renovation standards,…
1:24Closing Is Not the Placed-in-Service Date
The closing date and the placed-in-service date are not automatically the same. A short-term rental generally begins depreciation when it is ready and available…
1:33Photograph It Before It Goes Into the Dumpster
The best time to document a renovation is before the old components disappear. Photographs, a detailed contractor scope, proposals, change orders, invoices, proof of…
1:26Your Family Vacation Can Change the Entire Tax Result
Personal use can change the tax treatment of a short-term rental. Under the vacation-home rules, personal use above the greater of 14 days or…
1:25The Cost-Segregation Study Should Come Last
Cost segregation can be a powerful depreciation tool, but it should come after the operating and tax fundamentals have been tested. The property still…
1:26No Depreciation Deduction Rescues a Bad Deal
A large depreciation estimate can make a poor real-estate deal look attractive—but the deduction does not change the underlying economics. Before relying on tax…