'It's like a free down payment on a house': High earners are rushing to use this vacation-rental tax break

A Trump-era tax break allows short-term vacation rental investors to deduct significant costs from their W-2 income, enabling high earners to reduce tax bills by tens of thousands of dollars. The strategy requires active property management and compliance with tax rules, with experts noting it could help build wealth for those earning $200,000 to $1 million annually.