18050854214621504
1.3K views5 months ago0m 32sScore: 75
Michael Chang
intermediate
Tax Strategy
Expenses
Bookkeeping
Profitability
Summary
The video emphasizes the importance of having a CPA who specializes in short-term rental regulations. The speaker shares his experience of saving $200,000 in taxes by understanding and utilizing tax strategies like cost segregation, the 14-day rule, and strategies to avoid self-employment tax on passive rental activities.