Marquez TAX Services

"May your days be merry and bright," "Wishing you and yours a joyful holiday season," "Happy Holidays""

The "short-term rental loophole" is a legitimate tax strategy that allows owners of qualifying short-term rental (STR) properties to use rental losses, including accelerated depreciation, to offset their active income (like W-2 wages). This is an exception to the normal IRS rules that generally classify rental income as "passive" and limit the use of passive losses.

Clean Vehicle Credits: The new and used clean vehicle credits for electric vehicles (EVs) acquired after September 30, 2025, have been eliminated.