Strategies and practices employed by short-term rental owners to legally minimize their tax liabilities, such as claiming eligible deductions and utilizing tax credits.
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Glossary Term: Tax Planning
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Strategies for minimizing tax liabilities associated with short-term rental income. This can involve deducting eligible expenses, taking advantage of depreciation deductions, and consulting with a tax professional.
Specialized consulting services that help short-term rental owners and investors optimize their financial performance, including revenue management, expense tracking, and tax planning.