ilmscore | Prediction Details
"Well, now you can take this loss against your active income if this is a short-term rental as opposed to a long-term rental property."
By Minority Mindset | June 21, 2025 | Pending
From video
The IRS Doesn’t Want You To Know This (But The Rich Use It Daily) 00:20:24 - 00:20:30
Interpreted Prediction
Losses from short-term rental properties can be deducted against active income, unlike long-term rental properties under certain conditions.

Prediction Details

Topic
Short-Term Rental Exception for Loss Deduction

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