Podcast 321: Short-Term Rental Loophole with Thomas Castelli

Thomas Castelli, CPA is a Tax Strategist and real estate investor who helps other real estate investors keep more of their hard-earned dollars in their pockets and out of the government’s

*DISCLAIMER – We are not giving any financial advice. Please DYOR*

(00:00 – 02:21) Opening Segment

– Thomas is introduced as the guest Host
– Thomas shares something interesting about himself

(02:45 – 36:05) Short-Term Rental Loophole

– Thomas shares his first investment and how it worked out for him
– Thomas shares what kind of real estate he invests in now
– What is the limitation for passive investors when taking advantage of depreciation
– Does it make sense to invest in short-term rental now?
– How Using the STR Loophole can save you 5-6 figures in taxes

(36:38 – 39:32) Fire Round

– Thomas shared if he would change his investment strategy
– Thomas also shares his favorite Finance, real estate book, or any related book
– Also Thomas shared about the website and tools that he can recommend
– Thomas’s advice to beginner investors
– Also shared how he gives back

(39:32 – 40:22) Closing Segment