The Short Term Show

On this week's episode, Avery is joined by Ana Klein, CEO of Tax Boss, to break down how short term rental tax law can help high income earners significantly reduce their taxable income. Ana explains how strategies like cost segregation and bonus depreciation can create large paper losses that offset W2 income, while emphasizing that these benefits only work when paired with strong investments and long term planning. The conversation dives into common misconceptions, including year-one benefits, depreciation recapture, and why trying to game real estate professional status can backfire. They also highlight the importance of proper bookkeeping, time tracking for material participation, and working with qualified professionals to avoid costly IRS audits and mistakes. How to connect with Ana: https://www.instagram.com/taxbossana/ How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Short Term Shop Plus - stsplus.com Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group Check out the Short Term Shop on YouTube   For more information on how to get into short term rentals, read Avery’s books: Smarter Short Term Rentals - Buy it on Amazon Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon

On this week’s episode, Avery is joined by Dohn Thornton, a seasoned real estate investor and short sale expert who has flipped over 3,000 properties and now focuses on advanced asset protection strategies. Dohn breaks down the concept of a spendthrift trust, explaining how it differs from traditional LLCs and trusts by offering greater privacy, lawsuit protection, and potential tax advantages through a contract law structure. The conversation dives into how these trusts can shield assets from discovery, avoid triggering taxable events, and fundamentally change how investors think about income, expenses, and wealth management. Dohn also shares real world examples from his own business, including how switching to this structure deterred lawsuits entirely and reshaped his approach to investing and long-term wealth building. How to connect with Dohn: https://bensonfinancial.us  Instagram: @dohnthornton How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Short Term Shop Plus - stsplus.com Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group Check out the Short Term Shop on YouTube   For more information on how to get into short term rentals, read Avery’s books: Smarter Short Term Rentals - Buy it on Amazon Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon

Emily Tunggala, product leader at Hospitable, reveals their AI-powered property management platform and a new marketplace that matches owners with managers using performance data. She discusses data-driven matching, onboarding tools for newer managers, payment and payout handling, and how the platform prioritizes performance and proximity to create more professional matches.

Brian Boyd, a tax attorney and real estate investor focused on cost segregation and depreciation, breaks down short-term rental tax strategies. He covers the 100-hour rule, why self-managing and contemporaneous time tracking matter, cost segregation basics and bonus depreciation, common furnishing mistakes, and practical compliance tips for defensible records.

Kim Fitzpatrick, former PE teacher turned short-term rental investor and founder of Launched Host, scaled from an air-mattress start to launching properties across markets. She talks about the chaos of setting up rentals, why systems and SOPs matter, simplifying setups to reduce stress, and how a seven-day launch service was born.

Ari Rastegar, real estate investor and founder of Rastegar Capital, built a multibillion-dollar firm from $3,500. He warns that real estate is operationally complex and stresses rigorous due diligence, local market boots-on-the-ground work, and avoiding spreadsheet-only decisions. They discuss why short-term rentals demand obsessive customer experience, tight operations, and buying below replacement cost.

On this week’s episode, Avery is joined by Cathy Craig, a top agent and investor in Broken Bow, Oklahoma, who shares an inside look at the current market and why now may be a prime time to buy. She explains how prices have come down significantly from peak levels while demand and occupancy remain strong, pushing back on the idea of “oversaturation” and emphasizing that the market continues to grow with infrastructure and tourism. Cathy also highlights what actually drives success in this market, focusing on guest experience, smart upgrades, and avoiding over-investing in unnecessary amenities. She wraps with real examples of high-performing properties and practical advice on buying right, adding value, and standing out without overspending. How to connect with Cathy: www.theshorttermshop.com How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Short Term Shop Plus - stsplus.com Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group Check out the Short Term Shop on YouTube   For more information on how to get into short term rentals, read Avery’s books: Smarter Short Term Rentals - Buy it on Amazon Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon

Katie Johnson, a short-term rental attorney and investor who runs a boutique STR law firm, breaks down legal pitfalls for hosts. She talks about deed restrictions and title issues. She covers liability from pools and amenities, service animals versus emotional support animals, raising capital risks, and why proper LLC setup and separation matters.

On this week’s episode, Avery is joined by Robert Warren, a real estate investor who shares how decades of experience in building, rehabbing, and developing led him to short-term rentals. He breaks down how he transitioned from long-term rentals and flips into STRs, including buying and optimizing properties in Gulf Shores and the Smokies for stronger cash flow and seasonality advantages. Robert also dives into creative deal-making, like using 1031 exchanges and value-add renovations to scale faster, while emphasizing the importance of buying right, avoiding over-leverage, and maximizing guest experience. He wraps with practical advice on investing mindset, building wealth through assets, and using time and skills to create equity early on. How to connect with Robert: detaildesign.biz How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Short Term Shop Plus - stsplus.com Follow us on Instagram  Follow us on TikTok Join the Short Term Shop Facebook group Check out the Short Term Shop on YouTube   For more information on how to get into short term rentals, read Avery’s books: Smarter Short Term Rentals - Buy it on Amazon Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon

John McNaught, a Bradenton-area short-term rental investor and agent who shifted from long-term rentals, explains their pivot to high-performing STRs. They discuss Bradenton seasonality and why being ~15 minutes from the beach still attracts family vacationers. They cover choosing island vs mainland goals and how backyard amenities like game rooms, mini golf, playgrounds, and pickleball turned one property into a major revenue winner.