How to Use the STR Loophole to Offset W-2 Income (Without REPS)

Short-term rentals (STRs), such as Airbnb and VRBO properties, offer one of the most powerful legal tax strategies available to real estate investors. Thanks to a unique loophole in the U.S. tax code, you can treat STR losses as non-passive, even if you don't qualify as a Real Estate Professional (REP).