This is how wealthy people stay wealthy

58 views3 days ago0m 22sScore: 65
Pricing & Profitability
intermediate
Tax Strategy
Profitability
Airbnb
Experienced Hosts

Summary

This video highlights the 'STR tax loophole,' a strategy where high-income earners use short-term rentals to significantly reduce their tax liability. By owning an STR and meeting specific material participation requirements, hosts can offset their W2 salary with rental depreciation and losses.

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