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Tax Strategy 365 Community

524 members • Free

🏠 Lower Taxes w/ Ryan

1k members • $1/year

10 contributions to 🏠 Lower Taxes w/ Ryan
Date Change for This week's training:
How I saved $800 with Augusta Wednesday, October 15th @ 8pm - 9pm CST Chicago time https://www.skool.com/live/Qzj9qC6C6b2
Date Change for This week's training:
1 like • Oct 16
@Julie Stutzman yeah, I thought I had it correct in my calendar, but now the time clearly says 8 CST. So I”ll see you in an hour
1 like • Oct 16
Will it be recorded? Im iffy about being able to stay focused this late.
Material Participation / 100 hours
What hours can you count if you take a trip out to a property during the inspection period once you're under contract? only the hours you're physically at the property? or can you count hours visiting places around the property as you think through what you plan to add to your guidebook?
2 likes • Sep 30
Ive listened to the training on MP and now that Im starting to populate the tracker, I have a question. I can't recall, from the education, if the hours need to be 500 per STR/property, or 500 for all properties together?
1 like • Sep 30
Thanks!
property management resources
are there any good resources on how to properly manage a short term rental? I only have a LT property with a PM, so I am sure there's quite the learning curve here.
3 likes • Sep 28
Early on we appreciated the podcast, Thanks for Visiting. These ladies use layman’s terms, speak honestly about even the little issues of hosting, and have lots of podcasts in their library to give you a broad base to self-educate. We are not industry experts, but we’ve learned STR’s over the years of successes and missteps. We’d be happy to chat by phone to help guide you or encourage you. We have rentals in NEOhio. -Lisa and Rich, 239-848-6054
Accounting Software
What accounting software does everyone use? From time to time I see a new product pop up in this space and its tempting to be distracted learning new ideas. Clearly we can't pivot for every cool new software idea, so Im curious if folks could share their fav and why?
1 like • Sep 27
@Angie McGuire thank you for the cautions. We’re trying.
2 likes • Sep 27
Yes- We looked at Baselane. It seemed like a fairly simple/straightforward STR bookeeping solution and lower cost than QBO. We decided to move forward with QBO to keep it simple for our accountant and allow for easier business expansion down the road
Business Travel Guidance
Where can we find guidance about how to deduct costs for travel for our STR business? We’re looking for ways to combine business travel with family time/recreation and want to stay above board. Would love to hear from other’s experiences
1-10 of 10
Lisa Clark
3
18points to level up
@lisa-clark-9624
Short term rental owner, husband and wife team

Active 36d ago
Joined Sep 4, 2025
8475 SR 88, Ravenna, OH.
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