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๐Ÿ  Lower Taxes w/ Ryan

1.3k members โ€ข $1/year

One Rental at a Time

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2 contributions to ๐Ÿ  Lower Taxes w/ Ryan
STR vs LTR
Thank you, Ryan, for this group. My husband and I planning to buy rental property late this year or beg next year. We would like to do STR just because of the bonus depreciation for w-2 earners, but we have never done STR and fearful we will have a loss or it will be too much work; if that happens how soon we can covert the property to LTR? If we go by STR we will need a CPA โ˜บ๏ธ
1 like โ€ข Oct '25
@Ryan Bakke, CPA thank you!
My Starter Post!
- Why do you want to save money on taxes? Not just โ€œto save moneyโ€ โ€” but what does that money mean for your life? - Where are you right now in your journey? Just starting out? Own rentals? Flipping or doing STRs? - Whatโ€™s your #1 challenge right now โ€” your โ€œbig dominoโ€? The one thing that would make everything else easier?
1 like โ€ข Sep '25
Tax planning before purchasing the second rental property. Should we do str and save taxes on w-2 or have piece of mind and do ltr
1 like โ€ข Sep '25
@Ryan Bakke, CPA I would love to hear more about it!!!
1-2 of 2
@arune-garcia-2981
I am a new investor in Northern VA, eager to learn and build wealth. Iโ€™m also a wife, a mom to two amazing little kids, and an accountant.

Active 28m ago
Joined Sep 5, 2025
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