Tax Savings Won’t Save a Bad Deal with Brian Boyd
About this episode
Avery Carl and Brian Boyd discuss short term rental tax strategies and common investor mistakes.
On this week’s episode, Avery is joined by Brian Boyd. Brian, a tax attorney and real estate investor, breaks down how the short term rental tax strategy works, explaining how investors can use cost segregation and bonus depreciation to offset active income while building wealth. He emphasizes the importance of self-managing properties, tracking time accurately, and understanding the rules to properly qualify for these tax benefits. The conversation also dives into common mistakes investors make, like overspending on furnishings or prioritizing tax savings over cash flow, and highlights how real estate can be a powerful long-term wealth-building tool when approached strategically. How to connect with Brian: YouTube: @yourtaxlawyerInstagram: briantboydTikTok: @briantboydFacebook: Brian T Boyd How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Short Term Shop Plus - stsplus.com Follow us on Instagram Follow us on TikTok Join the Short Term Shop Facebook group Check out the Short Term Shop on YouTube For more information on how to get into short term rentals, read Avery’s books: Smarter Short Term Rentals - Buy it on Amazon Short-Term Rental, Long-Term…
People in this episode
Host: Avery Carl
Guest: Brian Boyd
Topics covered
- tax strategy
- short term rentals
- real estate investing
- cost segregation
- bonus depreciation
- wealth building
- common mistakes
Keywords
- tax savings
- real estate
- self-managing properties
- cash flow
- furnishings
- wealth-building
- cost segregation
- bonus depreciation
Mentioned in this episode
Organizations: The Short Term Shop, Short Term Shop Plus
Books & works: Smarter Short Term Rentals, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties
More episodes of The Short Term Show
- A New Way for Property Managers to Get Clients ft. Emily Tunggala
- The Real Chaos Behind Setting Up STRs ft. Kim Fitzpatrick
- The Biggest Due Diligence Mistakes Killing Your Deals with Ari Rastegar
- How to Win in Broken Bow Without Overspending ft. Cathy Craig
- How to Protect Your Short Term Rental From Lawsuits ft. Katie Johnson
- Turning Construction Skills Into Short-Term Rental Cash Flow ft. Robert Warren
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