 |
Live Let Thrive PodcastAuthor: Live Let Thrive
Airbnb, PadSplit, Corporate Rentals, Arbitrage, Live Let Thrive covers all the creative ways to rent out your properties to maximize profits. We also get into buying properties in creative ways. Come along for the ride and have some fun along the way! Language: en-us Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
The $80,000 STR Tax Hack & The Michael Jordan Gamble
Thursday, 25 December, 2025
Merry Christmas! Live Let Thrive has a new episode for you. Myka and Steve are back, diving into high-level real estate plays and sharing legendary stories about taking bold risks and betting on yourself.Steve gets real about the daily grind of managing a six-bedroom Pad Split. He shares stories from the front lines, including dealing with a "gossip queen" tenant and finding creative ways to keep the water bill from exploding when a tenant tries to thaw hamburger meat under a running faucet. He also takes a trip down memory lane to recount his legendary gamble: flying standby to Salt Lake City without a ticket, a plan, or even a place to sleep, just to catch Michael Jordan’s "Last Dance" Bulls championship with nothing but a cardboard sign and a dream.On the money side, Myka is dropping gems on how he’s leveraging a Cost Segregation Study and the Short-Term Rental (STR) tax loophole to potentially bag an $80,000 write-off this year. The guys discuss their "passive-passive" model of using massive tax returns to fund their next property acquisition and why they’re pivoting some mid-term rentals back to long-term and Section 8 housing to crush it in a hardening market. Whether it’s debating a $7,600 World Cup ticket gamble versus a 5-day Disney cruise or avoiding the "Shiny Object Syndrome" that burns so many rookies, this episode proves that if you can live with the worst-case scenario, you can always pull the trigger.LLT info: Hit us up!www.LiveLetThrive.comLiveLetThrive@gmail.com@LiveLetThrive on the socials!Management Companies:ArgestRentals.comSharebnb.comLooking for a great Arbitrage? Click here! https://zfrmz.com/zIRCwmIDcwNcZ5LXSiJ4or visit Lo-Casa.com and tell them Live Let Thrive sent you!Click our Link Tree for Podcast News!https://linktr.ee/liveletthrive#airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect
