Maximizing tax deductions on your home office (for your real estate business or other side hustle)

Home office deductions were a bit of a mystery to me in the beginning, and the rules felt kind of fuzzy. This video summarizes what I've learned so far and had been advised for MY situation - please note this is not at all financial advice or tax advice, always check with a professional on your specific circumstance.

My record keeping software is Stessa, which has a free tier (that I still use): stessa.sjv.io/6eGQxb


STR LINKS:
Airbnb with me and my husband as your ambassadors - www.airbnb.com/r/mpatel207
Short term rental calculator (free): lydiapatel.ck.page/calculator
Setup guide downloadable (free): lydiapatel.ck.page/372ad21eac
Checklists and templates (in the works, sign up to be first to know AND give input on what you want in the Vacation Venture Vault - e.g. should these tax admin things be in here too?): lydiapatel.ck.page/vault

SOFTWARES/SERVICES:
AirDNA: spn.so/l/h2hduqgh
Novo: novo.pxf.io/6ePnmE
Baselane $150 signup bonus with link: baselaneaffiliateprogram.pxf.io/DKWX0j
Northwest Agent discounted rate at $39 per LLC with link: shrsl.com/4869z
BluDot: my bookcase behind me, and every sleek modern thing I own - bludot.pxf.io/c/4245172/1859712/20333

Business inquiries: hello@lydiapatel.com
IG: ‪@lydiapatelll‬

Disclaimer: Above links contain affiliates, which means I receive a small commission at no cost to you. Affiliate income is how I get to keep all the resources free for a greater number of people, instead of selling them as ebooks and paid content. :-) All of the products I recommend have been fully tested by me, and I seek out affiliate links only after I’ve verified I would recommend these to you. Thank you everyone for your generous support!

#realestateinvesting #homeofficeideas #homeofficededuction