Short Term Rental Tax Rules: Passive Losses, Material Participation, and Self Employment Tax
Short term rental losses are not automatically nonpassive. Learn how the 7 day and 30 day rules interact with material participation, when real estate professional status is unnecessary, when Schedule C and self employment tax may apply, and how cost segregation can affect the tax result.
Qualified Production Property Under OBBBA Turns Production Buildings Into Immediate Tax Deductions
Qualified Production Property under the One Big Beautiful Bill Act allows manufacturers to deduct production building costs immediately. Learn how businesses can benefit from 2025 through 2030.